Stock Traders Purchase High Volume of Call Options on Global X Cybersecurity ETF (NASDAQ:BUG)

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

Institutional Trading of Global X Cybersecurity ETF

A number of large investors have recently modified their holdings of the company. Alaska Permanent Capital Management LLC acquired a new stake in Global X Cybersecurity ETF in the third quarter worth about $7,249,000. Brookstone Capital Management grew its position in Global X Cybersecurity ETF by 200.0% during the 3rd quarter. Brookstone Capital Management now owns 48,533 shares of the company’s stock worth $1,708,000 after purchasing an additional 32,356 shares during the last quarter. Moss Adams Wealth Advisors LLC boosted its holdings in shares of Global X Cybersecurity ETF by 7.3% in the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 1,524,354 shares of the company’s stock valued at $53,642,000 after acquiring an additional 103,129 shares during the last quarter. Park Avenue Securities LLC lifted its position in shares of Global X Cybersecurity ETF by 86.9% during the 3rd quarter. Park Avenue Securities LLC now owns 64,216 shares of the company’s stock valued at $2,260,000 after buying an additional 29,850 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Global X Cybersecurity ETF by 29.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 114,313 shares of the company’s stock valued at $4,241,000 after acquiring an additional 25,766 shares during the period.

Global X Cybersecurity ETF Stock Up 0.4%

BUG stock traded up $0.09 during trading on Tuesday, hitting $24.39. The company had a trading volume of 4,174,645 shares, compared to its average volume of 885,129. Global X Cybersecurity ETF has a 52-week low of $23.97 and a 52-week high of $37.55. The company has a 50 day simple moving average of $29.33 and a 200-day simple moving average of $32.17. The firm has a market capitalization of $750.36 million, a P/E ratio of 37.03 and a beta of 0.84.

Global X Cybersecurity ETF Dividend Announcement

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

Global X Cybersecurity ETF Company 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.