IFP Advisors Inc Has $205,000 Stake in Global X Cloud Computing ETF (NASDAQ:CLOU)

IFP Advisors Inc decreased its holdings in shares of Global X Cloud Computing ETF (NASDAQ:CLOU – Get Rating) by 43.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,506 shares of the company’s stock after selling 10,449 shares during the quarter. IFP Advisors Inc’s holdings in Global X Cloud Computing ETF were worth $205,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Triumph Capital Management acquired a new stake in shares of Global X Cloud Computing ETF during the 4th quarter worth approximately $276,000. IHT Wealth Management LLC acquired a new stake in shares of Global X Cloud Computing ETF during the 3rd quarter worth approximately $190,000. Credit Suisse AG grew its position in shares of Global X Cloud Computing ETF by 47.7% during the 3rd quarter. Credit Suisse AG now owns 5,247 shares of the company’s stock worth $84,000 after buying an additional 1,695 shares during the period. BNP Paribas Arbitrage SA acquired a new stake in shares of Global X Cloud Computing ETF during the 1st quarter worth approximately $32,000. Finally, Envestnet Asset Management Inc. grew its position in shares of Global X Cloud Computing ETF by 8.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 55,214 shares of the company’s stock worth $885,000 after buying an additional 4,089 shares during the period.

Global X Cloud Computing ETF Stock Performance

Shares of NASDAQ CLOU opened at $16.89 on Friday. The stock has a market cap of $520.89 million, a P/E ratio of 45.54 and a beta of 0.98. The firm has a 50 day moving average price of $17.33 and a 200 day moving average price of $17.55. Global X Cloud Computing ETF has a 52-week low of $14.34 and a 52-week high of $19.83.

Global X Cloud Computing ETF Profile

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The Global X Cloud Computing ETF (CLOU) is an exchange-traded fund that is based on the Indxx Global Cloud Computing index. The fund provides exposure to a market-cap weighted global equity index of companies involved in the cloud computing industry. CLOU was launched on Apr 12, 2019 and is managed by Global X.