Global X Cloud Computing ETF (NASDAQ:CLOU) Shares Sold by LPL Financial LLC

LPL Financial LLC cut its stake in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 2.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 200,910 shares of the company’s stock after selling 4,067 shares during the quarter. LPL Financial LLC owned about 1.29% of Global X Cloud Computing ETF worth $4,217,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wood Tarver Financial Group LLC acquired a new stake in Global X Cloud Computing ETF in the 4th quarter valued at about $98,000. SBI Securities Co. Ltd. boosted its stake in shares of Global X Cloud Computing ETF by 15.5% during the 1st quarter. SBI Securities Co. Ltd. now owns 6,781 shares of the company’s stock worth $142,000 after purchasing an additional 911 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Global X Cloud Computing ETF by 12.7% during the 4th quarter. JPMorgan Chase & Co. now owns 6,657 shares of the company’s stock worth $160,000 after purchasing an additional 749 shares during the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of Global X Cloud Computing ETF by 6.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 9,894 shares of the company’s stock worth $208,000 after purchasing 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 about $290,000.

Global X Cloud Computing ETF Price Performance

Global X Cloud Computing ETF stock opened at $21.59 on Friday. Global X Cloud Computing ETF has a 12-month low of $17.73 and a 12-month high of $26.39. The stock has a market capitalization of $300.96 million, a P/E ratio of 36.94 and a beta of 0.98. The firm’s 50-day moving average is $22.94 and its two-hundred day moving average is $22.68.

Global X Cloud Computing ETF Company 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.