Bank Hapoalim BM Sells 4,605 Shares of Global X Cloud Computing ETF (NASDAQ:CLOU)

Bank Hapoalim BM decreased its stake in Global X Cloud Computing ETF (NASDAQ:CLOU) by 27.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,130 shares of the company’s stock after selling 4,605 shares during the period. Bank Hapoalim BM owned about 0.08% of Global X Cloud Computing ETF worth $291,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. James J. Burns & Company LLC acquired a new position in Global X Cloud Computing ETF in the 4th quarter valued at approximately $222,000. HighTower Advisors LLC increased its position in Global X Cloud Computing ETF by 13.5% in the 3rd quarter. HighTower Advisors LLC now owns 12,582 shares of the company’s stock valued at $257,000 after acquiring an additional 1,496 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in Global X Cloud Computing ETF in the 4th quarter valued at approximately $334,000. Sanctuary Advisors LLC acquired a new position in Global X Cloud Computing ETF in the 2nd quarter valued at approximately $410,000. Finally, CWM LLC increased its position in Global X Cloud Computing ETF by 8.0% in the 3rd quarter. CWM LLC now owns 39,910 shares of the company’s stock valued at $820,000 after acquiring an additional 2,971 shares during the period.

Global X Cloud Computing ETF Stock Performance

Shares of NASDAQ CLOU opened at $25.81 on Wednesday. Global X Cloud Computing ETF has a 52-week low of $17.79 and a 52-week high of $26.39. The firm has a 50 day moving average price of $24.72 and a two-hundred day moving average price of $22.02. The stock has a market cap of $376.05 million, a P/E ratio of 46.16 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.