Wells Fargo & Company MN Buys 22,623 Shares of Global X Cloud Computing ETF (NASDAQ:CLOU)

Wells Fargo & Company MN lifted its position in Global X Cloud Computing ETF (NASDAQ:CLOU) by 24.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 115,590 shares of the company’s stock after purchasing an additional 22,623 shares during the period. Wells Fargo & Company MN owned about 0.79% of Global X Cloud Computing ETF worth $2,770,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of Global X Cloud Computing ETF by 12.7% in the fourth quarter. JPMorgan Chase & Co. now owns 6,657 shares of the company’s stock valued at $160,000 after acquiring an additional 749 shares during the period. Runnymede Capital Advisors Inc. bought a new position in Global X Cloud Computing ETF during the 4th quarter valued at approximately $48,000. Clearwater Capital Advisors LLC lifted its holdings in Global X Cloud Computing ETF by 6.2% in the 4th quarter. Clearwater Capital Advisors LLC now owns 117,154 shares of the company’s stock worth $2,807,000 after buying an additional 6,876 shares during the period. HighTower Advisors LLC grew its position in shares of Global X Cloud Computing ETF by 11.9% in the 4th quarter. HighTower Advisors LLC now owns 14,079 shares of the company’s stock worth $337,000 after buying an additional 1,497 shares during the last quarter. Finally, Independent Advisor Alliance purchased a new position in shares of Global X Cloud Computing ETF during the fourth quarter valued at approximately $1,661,000.

Global X Cloud Computing ETF Stock Up 3.4 %

Shares of CLOU stock opened at $20.14 on Thursday. The firm has a market capitalization of $306.53 million, a price-to-earnings ratio of 29.78 and a beta of 0.98. The stock has a fifty day moving average of $21.67 and a 200 day moving average of $23.01. Global X Cloud Computing ETF has a 52 week low of $17.73 and a 52 week high of $26.39.

Global X Cloud Computing ETF Profile

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.