WealthBridge Investment Counsel Inc. Has $3.15 Million Stake in Global X Cybersecurity ETF (NASDAQ:BUG)

WealthBridge Investment Counsel Inc. raised its stake in Global X Cybersecurity ETF (NASDAQ:BUG) by 1.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 97,400 shares of the company’s stock after buying an additional 1,000 shares during the quarter. WealthBridge Investment Counsel Inc. owned 0.36% of Global X Cybersecurity ETF worth $3,150,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC raised its position in shares of Global X Cybersecurity ETF by 5.2% during the fourth quarter. LPL Financial LLC now owns 560,490 shares of the company’s stock worth $17,986,000 after purchasing an additional 27,755 shares during the period. Bank of America Corp DE raised its position in shares of Global X Cybersecurity ETF by 1.1% during the fourth quarter. Bank of America Corp DE now owns 352,418 shares of the company’s stock worth $11,309,000 after purchasing an additional 3,714 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Global X Cybersecurity ETF during the fourth quarter worth about $11,115,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Global X Cybersecurity ETF by 61.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 326,606 shares of the company’s stock worth $10,550,000 after purchasing an additional 123,807 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of Global X Cybersecurity ETF by 27.8% during the fourth quarter. Cetera Investment Advisers now owns 221,977 shares of the company’s stock worth $7,123,000 after purchasing an additional 48,302 shares during the period.

Global X Cybersecurity ETF Price Performance

NASDAQ BUG opened at $36.21 on Friday. The firm has a market cap of $1.09 billion, a P/E ratio of 30.43 and a beta of 0.86. The stock’s 50-day moving average is $33.57 and its 200-day moving average is $33.58. Global X Cybersecurity ETF has a one year low of $26.03 and a one year high of $36.81.

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.