Global X Cloud Computing ETF (NASDAQ:CLOU) Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers raised its position in Global X Cloud Computing ETF (NASDAQ:CLOU) by 14.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 33,171 shares of the company’s stock after acquiring an additional 4,235 shares during the period. Cetera Investment Advisers owned approximately 0.21% of Global X Cloud Computing ETF worth $696,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in CLOU. Wood Tarver Financial Group LLC acquired a new stake in shares of Global X Cloud Computing ETF in the fourth quarter valued at about $98,000. SBI Securities Co. Ltd. raised its position in shares of Global X Cloud Computing ETF by 15.5% in the first quarter. SBI Securities Co. Ltd. now owns 6,781 shares of the company’s stock valued at $142,000 after buying an additional 911 shares during the last quarter. JPMorgan Chase & Co. raised 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 buying an additional 749 shares during the last quarter. Avantax Advisory Services Inc. raised its position in shares of Global X Cloud Computing ETF by 6.5% in the first quarter. Avantax Advisory Services Inc. now owns 9,894 shares of the company’s stock valued at $208,000 after buying an additional 605 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Global X Cloud Computing ETF during the 4th quarter worth $290,000.

Global X Cloud Computing ETF Stock Down 2.0%

CLOU stock opened at $21.59 on Friday. Global X Cloud Computing ETF has a 52 week low of $17.73 and a 52 week high of $26.39. The business has a fifty day simple moving average of $22.94 and a 200-day simple moving average of $22.68. The company has a market cap of $300.96 million, a price-to-earnings ratio of 36.94 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.