Oppenheimer & Co. Inc. Sells 63,979 Shares of Global X Cloud Computing ETF (NASDAQ:CLOU)

Oppenheimer & Co. Inc. decreased its holdings in Global X Cloud Computing ETF (NASDAQ:CLOU) by 54.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,677 shares of the company’s stock after selling 63,979 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.35% of Global X Cloud Computing ETF worth $1,127,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of CLOU. Sanctuary Advisors LLC grew its stake in shares of Global X Cloud Computing ETF by 10.2% in the fourth quarter. Sanctuary Advisors LLC now owns 20,900 shares of the company’s stock worth $538,000 after purchasing an additional 1,928 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Global X Cloud Computing ETF by 14.5% in the fourth quarter. Jones Financial Companies Lllp now owns 16,622 shares of the company’s stock valued at $398,000 after buying an additional 2,099 shares during the period. SBI Securities Co. Ltd. acquired a new position in Global X Cloud Computing ETF in the fourth quarter valued at $141,000. Raymond James Financial Inc. acquired a new position in Global X Cloud Computing ETF in the fourth quarter valued at $1,370,000. Finally, Independent Advisor Alliance acquired a new position in Global X Cloud Computing ETF in the fourth quarter valued at $1,661,000.

Global X Cloud Computing ETF Stock Up 0.7%

CLOU stock opened at $23.13 on Friday. The firm has a market cap of $337.24 million, a price-to-earnings ratio of 36.94 and a beta of 1.10. Global X Cloud Computing ETF has a 12-month low of $17.73 and a 12-month high of $26.39. The company’s fifty day simple moving average is $22.48 and its 200 day simple moving average is $23.03.

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.