Envestnet Asset Management Inc. Decreases Holdings in Global X Cybersecurity ETF (NASDAQ:BUG)

Envestnet Asset Management Inc. trimmed its holdings in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 27.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 88,547 shares of the company’s stock after selling 33,079 shares during the period. Envestnet Asset Management Inc. owned 0.32% of Global X Cybersecurity ETF worth $2,864,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in BUG. LPL Financial LLC boosted its position in Global X Cybersecurity ETF by 5.2% during the 4th quarter. LPL Financial LLC now owns 560,490 shares of the company’s stock worth $17,986,000 after purchasing an additional 27,755 shares during the period. Hazlett Burt & Watson Inc. boosted its position in Global X Cybersecurity ETF by 3.4% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 18,251 shares of the company’s stock worth $581,000 after purchasing an additional 598 shares during the period. Oarsman Capital Inc. boosted its position in Global X Cybersecurity ETF by 5.1% during the 4th quarter. Oarsman Capital Inc. now owns 48,058 shares of the company’s stock worth $1,542,000 after purchasing an additional 2,334 shares during the period. Bernard Wealth Management Corp. purchased a new stake in Global X Cybersecurity ETF during the 4th quarter worth $46,000. Finally, Advisory Services Network LLC boosted its position in Global X Cybersecurity ETF by 3.3% during the 4th quarter. Advisory Services Network LLC now owns 11,357 shares of the company’s stock worth $364,000 after purchasing an additional 358 shares during the period.

Global X Cybersecurity ETF Trading Up 0.3%

Shares of Global X Cybersecurity ETF stock opened at $35.69 on Monday. The company has a fifty day moving average price of $35.81 and a 200 day moving average price of $34.31. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 37.03 and a beta of 0.86. Global X Cybersecurity ETF has a twelve month low of $26.03 and a twelve month high of $37.55.

Global X Cybersecurity ETF Company 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.