Avantax Advisory Services Inc. Increases Holdings in Global X Cybersecurity ETF (NASDAQ:BUG)

Avantax Advisory Services Inc. grew its position in Global X Cybersecurity ETF (NASDAQ:BUG) by 9.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,098 shares of the company’s stock after buying an additional 1,413 shares during the quarter. Avantax Advisory Services Inc. owned 0.05% of Global X Cybersecurity ETF worth $521,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Moss Adams Wealth Advisors LLC grew its holdings in shares of Global X Cybersecurity ETF by 3.1% during the first quarter. Moss Adams Wealth Advisors LLC now owns 1,399,273 shares of the company’s stock worth $45,252,000 after purchasing an additional 41,580 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Global X Cybersecurity ETF by 21.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 395,290 shares of the company’s stock worth $12,981,000 after buying an additional 68,684 shares in the last quarter. Bank of America Corp DE raised its position in shares of Global X Cybersecurity ETF by 1.1% during the 4th quarter. Bank of America Corp DE now owns 352,418 shares of the company’s stock worth $11,309,000 after purchasing an additional 3,714 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Global X Cybersecurity ETF by 27.8% during the fourth quarter. Cetera Investment Advisers now owns 221,977 shares of the company’s stock valued at $7,123,000 after acquiring an additional 48,302 shares during the last quarter. Finally, Merit Financial Group LLC lifted its stake in shares of Global X Cybersecurity ETF by 18.1% during the first quarter. Merit Financial Group LLC now owns 188,875 shares of the company’s stock valued at $6,108,000 after buying an additional 28,985 shares during the period.

Global X Cybersecurity ETF Price Performance

NASDAQ BUG opened at $33.57 on Wednesday. The company has a market cap of $1.10 billion, a P/E ratio of 37.03 and a beta of 0.86. The company has a 50-day moving average of $35.79 and a 200-day moving average of $34.42. Global X Cybersecurity ETF has a 12 month low of $27.30 and a 12 month high of $37.55.

Global X Cybersecurity ETF 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.