Crown Wealth Group LLC Has $3.46 Million Holdings in Global X Cybersecurity ETF $BUG

Crown Wealth Group LLC cut its holdings in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 43.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 98,183 shares of the company’s stock after selling 75,051 shares during the quarter. Global X Cybersecurity ETF accounts for 1.0% of Crown Wealth Group LLC’s holdings, making the stock its 22nd largest position. Crown Wealth Group LLC owned 0.31% of Global X Cybersecurity ETF worth $3,455,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BUG. Truist Financial Corp bought a new stake in shares of Global X Cybersecurity ETF during the 2nd quarter worth $275,000. WealthBridge Investment Counsel Inc. grew its holdings in Global X Cybersecurity ETF by 1.7% during the 2nd quarter. WealthBridge Investment Counsel Inc. now owns 99,100 shares of the company’s stock worth $3,677,000 after acquiring an additional 1,700 shares during the last quarter. Brookstone Capital Management increased its holdings in Global X Cybersecurity ETF by 200.0% in the third quarter. Brookstone Capital Management now owns 48,533 shares of the company’s stock valued at $1,708,000 after purchasing an additional 32,356 shares during the period. Moss Adams Wealth Advisors LLC increased its stake in shares of Global X Cybersecurity ETF by 7.3% in the third quarter. Moss Adams Wealth Advisors LLC now owns 1,524,354 shares of the company’s stock valued at $53,642,000 after buying an additional 103,129 shares during the period. Finally, Werba Rubin Papier Wealth Management bought a new position in Global X Cybersecurity ETF during the 2nd quarter worth approximately $200,000.

Global X Cybersecurity ETF Stock Down 2.3%

BUG stock opened at $29.75 on Monday. The firm has a market cap of $930.58 million, a price-to-earnings ratio of 37.03 and a beta of 0.84. The company’s fifty day simple moving average is $32.13 and its 200 day simple moving average is $33.95. Global X Cybersecurity ETF has a 12-month low of $29.07 and a 12-month high of $37.55.

Global X Cybersecurity ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th will be paid a $0.0119 dividend. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a yield of 8.0%.

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.