Creative Financial Designs Inc. ADV Cuts Holdings in Global X Cloud Computing ETF (NASDAQ:CLOU)

Creative Financial Designs Inc. ADV lessened its stake in Global X Cloud Computing ETF (NASDAQ:CLOU) by 76.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,247 shares of the company’s stock after selling 10,357 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Global X Cloud Computing ETF were worth $78,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of CLOU. HighTower Advisors LLC grew its stake 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 worth $257,000 after buying an additional 1,496 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Global X Cloud Computing ETF by 262.1% in the 3rd quarter. Jane Street Group LLC now owns 99,402 shares of the company’s stock worth $2,043,000 after acquiring an additional 71,953 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Global X Cloud Computing ETF in the 4th quarter worth approximately $334,000. James J. Burns & Company LLC bought a new stake in shares of Global X Cloud Computing ETF in the 4th quarter worth approximately $222,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Global X Cloud Computing ETF by 16.9% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,725 shares of the company’s stock worth $5,548,000 after acquiring an additional 33,213 shares during the last quarter.

Global X Cloud Computing ETF Stock Performance

Shares of CLOU opened at $21.93 on Friday. The firm has a market cap of $319.52 million, a price-to-earnings ratio of 35.18 and a beta of 0.98. Global X Cloud Computing ETF has a fifty-two week low of $17.79 and a fifty-two week high of $26.39. The firm has a 50 day moving average price of $24.19 and a 200-day moving average price of $22.97.

Global X Cloud Computing ETF 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.