Phoenix Wealth Advisors Grows Position in Global X Cybersecurity ETF (NASDAQ:BUG)

Phoenix Wealth Advisors grew its stake in Global X Cybersecurity ETF (NASDAQ:BUG) by 6.3% during the 4th quarter, Holdings Channel reports. The fund owned 19,266 shares of the company’s stock after acquiring an additional 1,142 shares during the period. Phoenix Wealth Advisors’ holdings in Global X Cybersecurity ETF were worth $550,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BUG. Jane Street Group LLC lifted its holdings in Global X Cybersecurity ETF by 737.9% in the 2nd quarter. Jane Street Group LLC now owns 714,340 shares of the company’s stock valued at $17,859,000 after purchasing an additional 629,088 shares in the last quarter. Bank of America Corp DE raised its position in shares of Global X Cybersecurity ETF by 157.2% in the first quarter. Bank of America Corp DE now owns 276,610 shares of the company’s stock valued at $8,691,000 after buying an additional 169,051 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Global X Cybersecurity ETF by 91.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 332,636 shares of the company’s stock valued at $9,750,000 after buying an additional 159,210 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in Global X Cybersecurity ETF by 113.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 261,482 shares of the company’s stock worth $7,664,000 after acquiring an additional 138,803 shares during the last quarter. Finally, Mariner LLC purchased a new stake in Global X Cybersecurity ETF in the 4th quarter worth approximately $2,604,000.

Global X Cybersecurity ETF Price Performance

BUG traded down $0.12 during trading on Wednesday, hitting $27.63. The company’s stock had a trading volume of 98,208 shares, compared to its average volume of 226,142. Global X Cybersecurity ETF has a twelve month low of $20.79 and a twelve month high of $31.78. The stock has a market cap of $721.70 million, a PE ratio of 57.15 and a beta of 0.86. The firm’s 50 day moving average price is $29.98 and its 200-day moving average price is $28.02.

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.