Traders Buy Large Volume of Call Options on Global X Cybersecurity ETF (NASDAQ:BUG)

Global X Cybersecurity ETF (NASDAQ:BUG) saw some unusual options trading activity on Tuesday. Stock traders purchased 38,772 call options on the company. This represents an increase of 9,380% compared to the typical daily volume of 409 call options.

Global X Cybersecurity ETF Price Performance

Shares of NASDAQ BUG opened at $24.37 on Wednesday. The company has a 50-day simple moving average of $29.19 and a 200-day simple moving average of $32.11. The company has a market cap of $749.62 million, a PE ratio of 37.03 and a beta of 0.84. Global X Cybersecurity ETF has a 12 month low of $23.97 and a 12 month high of $37.55.

Global X Cybersecurity ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a $0.0119 dividend. This represents a yield of 8.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BUG. O ROURKE & COMPANY Inc grew its position in Global X Cybersecurity ETF by 2.0% during the fourth quarter. O ROURKE & COMPANY Inc now owns 18,099 shares of the company’s stock valued at $551,000 after acquiring an additional 353 shares during the period. Comerica Bank lifted its stake in shares of Global X Cybersecurity ETF by 9.4% in the 4th quarter. Comerica Bank now owns 4,759 shares of the company’s stock valued at $145,000 after purchasing an additional 409 shares in the last quarter. OMNI 360 Wealth Inc. grew its holdings in shares of Global X Cybersecurity ETF by 4.8% during the 3rd quarter. OMNI 360 Wealth Inc. now owns 10,068 shares of the company’s stock worth $354,000 after purchasing an additional 465 shares during the period. HighTower Advisors LLC increased its position in Global X Cybersecurity ETF by 0.3% during the 3rd quarter. HighTower Advisors LLC now owns 145,567 shares of the company’s stock worth $5,123,000 after purchasing an additional 466 shares in the last quarter. Finally, NBC Securities Inc. increased its position in Global X Cybersecurity ETF by 5.8% during the 4th quarter. NBC Securities Inc. now owns 8,501 shares of the company’s stock worth $259,000 after purchasing an additional 466 shares in the last quarter.

About Global X Cybersecurity ETF

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.