Alpha Cubed Investments LLC Takes $212,000 Position in Global X Cybersecurity ETF (NASDAQ:BUG)

Alpha Cubed Investments LLC purchased a new position in shares of Global X Cybersecurity ETF (NASDAQ:BUG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,619 shares of the company’s stock, valued at approximately $212,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Granite Bay Wealth Management LLC acquired a new stake in shares of Global X Cybersecurity ETF during the second quarter valued at about $8,858,000. Merit Financial Group LLC bought a new stake in shares of Global X Cybersecurity ETF during the 4th quarter valued at about $5,131,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Global X Cybersecurity ETF by 25.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 202,799 shares of the company’s stock worth $6,220,000 after buying an additional 40,799 shares during the period. Moss Adams Wealth Advisors LLC grew its holdings in Global X Cybersecurity ETF by 2.9% in the third quarter. Moss Adams Wealth Advisors LLC now owns 1,350,101 shares of the company’s stock worth $41,786,000 after purchasing an additional 38,538 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Global X Cybersecurity ETF by 16.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 84,884 shares of the company’s stock valued at $2,511,000 after buying an additional 12,294 shares during the period.

Global X Cybersecurity ETF Trading Up 1.9 %

Shares of BUG stock opened at $33.10 on Wednesday. The firm has a fifty day simple moving average of $32.99 and a two-hundred day simple moving average of $31.26. The firm has a market capitalization of $816.91 million, a PE ratio of 29.10 and a beta of 0.86. Global X Cybersecurity ETF has a 12 month low of $26.03 and a 12 month high of $34.92.

Global X Cybersecurity ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a $0.0305 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Global X Cybersecurity ETF Profile

The Global X Cybersecurity ETF (BUG) is an exchange-traded fund that is based on the Indxx Cybersecurity index, a modified market-cap-weighted global index of companies selected on the basis of revenue related to cybersecurity activities. BUG was launched on Oct 25, 2019 and is managed by Global X.