Global X Cybersecurity ETF $BUG Shares Newly Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC acquired a new position in shares of Global X Cybersecurity ETF (NASDAQ:BUG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 29,208 shares of the company’s stock, valued at approximately $1,349,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BUG. Ayalon Insurance Comp Ltd. bought a new position in shares of Global X Cybersecurity ETF during the 3rd quarter valued at about $29,620,000. B. Riley Wealth Advisors Inc. acquired a new position in Global X Cybersecurity ETF during the third quarter worth $3,408,000. Diversify Advisory Services LLC acquired a new position in shares of Global X Cybersecurity ETF during the 3rd quarter worth about $22,630,000. Bank of America Corp DE grew its stake in Global X Cybersecurity ETF by 17.0% in the first quarter. Bank of America Corp DE now owns 301,424 shares of the company’s stock valued at $7,569,000 after purchasing an additional 43,763 shares in the last quarter. Finally, Hamilton Capital LLC bought a new position in shares of Global X Cybersecurity ETF in the third quarter valued at $15,406,000.

Global X Cybersecurity ETF Price Performance

Shares of BUG opened at $49.37 on Friday. Global X Cybersecurity ETF has a one year low of $23.15 and a one year high of $52.93. The company has a market cap of $2.25 billion, a PE ratio of 37.03 and a beta of 0.87. The firm has a 50-day moving average of $45.43 and a 200-day moving average of $35.20.

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.