LPL Financial LLC Has $6.25 Million Stake in Global X Cloud Computing ETF (NASDAQ:CLOU)

LPL Financial LLC grew its holdings in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 0.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 340,734 shares of the company’s stock after acquiring an additional 2,762 shares during the quarter. LPL Financial LLC owned 1.10% of Global X Cloud Computing ETF worth $6,252,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of CLOU. BNP Paribas Arbitrage SA acquired a new position in shares of Global X Cloud Computing ETF in the first quarter valued at approximately $32,000. Oxford Financial Group Ltd. acquired a new position in shares of Global X Cloud Computing ETF in the fourth quarter valued at approximately $37,000. Money Concepts Capital Corp bought a new stake in Global X Cloud Computing ETF in the fourth quarter valued at approximately $38,000. Tower Research Capital LLC TRC boosted its holdings in Global X Cloud Computing ETF by 127.0% in the first quarter. Tower Research Capital LLC TRC now owns 3,103 shares of the company’s stock valued at $57,000 after acquiring an additional 1,736 shares during the last quarter. Finally, Credit Suisse AG bought a new stake in Global X Cloud Computing ETF in the second quarter valued at approximately $59,000.

Global X Cloud Computing ETF Price Performance

Shares of CLOU stock opened at $20.22 on Thursday. The business’s 50 day simple moving average is $20.06 and its 200 day simple moving average is $18.47. Global X Cloud Computing ETF has a one year low of $14.34 and a one year high of $21.68. The stock has a market capitalization of $601.34 million, a PE ratio of 45.54 and a beta of 0.98.

About Global X Cloud Computing ETF

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.