Global X Cybersecurity ETF $BUG is Moss Adams Wealth Advisors LLC’s 9th Largest Position

Moss Adams Wealth Advisors LLC decreased its holdings in Global X Cybersecurity ETF (NASDAQ:BUG) by 8.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,446,480 shares of the company’s stock after selling 140,051 shares during the quarter. Global X Cybersecurity ETF comprises about 2.7% of Moss Adams Wealth Advisors LLC’s portfolio, making the stock its 9th biggest position. Moss Adams Wealth Advisors LLC owned approximately 4.39% of Global X Cybersecurity ETF worth $36,321,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Flow Traders U.S. LLC acquired a new stake in Global X Cybersecurity ETF in the 3rd quarter worth approximately $6,967,000. Biltmore Family Office LLC raised its stake in shares of Global X Cybersecurity ETF by 19.4% in the fourth quarter. Biltmore Family Office LLC now owns 200,540 shares of the company’s stock worth $6,111,000 after purchasing an additional 32,649 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Global X Cybersecurity ETF by 40.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 169,529 shares of the company’s stock worth $5,164,000 after purchasing an additional 49,157 shares during the last quarter. Ulland Investment Advisors LLC acquired a new stake in shares of Global X Cybersecurity ETF during the fourth quarter worth about $97,000. Finally, Park Avenue Securities LLC lifted its holdings in shares of Global X Cybersecurity ETF by 25.9% during the fourth quarter. Park Avenue Securities LLC now owns 80,876 shares of the company’s stock worth $2,463,000 after purchasing an additional 16,660 shares during the period.

Global X Cybersecurity ETF Stock Up 4.2%

Shares of NASDAQ BUG opened at $37.01 on Tuesday. The business’s 50 day moving average price is $32.20 and its 200 day moving average price is $29.42. The firm has a market cap of $1.22 billion, a P/E ratio of 37.03 and a beta of 0.89. Global X Cybersecurity ETF has a 52 week low of $23.15 and a 52 week high of $38.74.

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.