Flow Traders U.S. LLC Sells 60,557 Shares of Global X Cloud Computing ETF $CLOU

Flow Traders U.S. LLC lowered its stake in Global X Cloud Computing ETF (NASDAQ:CLOU) by 61.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,007 shares of the company’s stock after selling 60,557 shares during the quarter. Flow Traders U.S. LLC owned about 0.27% of Global X Cloud Computing ETF worth $887,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Cetera Investment Advisers lifted its position in shares of Global X Cloud Computing ETF by 14.6% in the first quarter. Cetera Investment Advisers now owns 33,171 shares of the company’s stock worth $696,000 after buying an additional 4,235 shares in the last quarter. HighTower Advisors LLC increased its stake in Global X Cloud Computing ETF by 15.7% in the 1st quarter. HighTower Advisors LLC now owns 16,286 shares of the company’s stock worth $342,000 after acquiring an additional 2,207 shares during the last quarter. CW Advisors LLC purchased a new stake in shares of Global X Cloud Computing ETF during the 1st quarter worth approximately $874,000. Integrated Wealth Concepts LLC boosted its position in shares of Global X Cloud Computing ETF by 6.1% during the 1st quarter. Integrated Wealth Concepts LLC now owns 20,630 shares of the company’s stock valued at $433,000 after acquiring an additional 1,190 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of Global X Cloud Computing ETF by 479.9% during the 1st quarter. Jones Financial Companies Lllp now owns 96,397 shares of the company’s stock valued at $2,023,000 after acquiring an additional 79,775 shares during the last quarter.

Global X Cloud Computing ETF Stock Performance

Shares of CLOU opened at $23.27 on Wednesday. The stock has a market capitalization of $285.99 million, a PE ratio of 36.94 and a beta of 1.10. The company’s fifty day moving average is $23.26 and its 200 day moving average is $23.04. Global X Cloud Computing ETF has a fifty-two week low of $17.73 and a fifty-two week high of $26.39.

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.