Flow Traders U.S. LLC Invests $6.97 Million in Global X Cybersecurity ETF $BUG

Flow Traders U.S. LLC bought a new stake in shares of Global X Cybersecurity ETF (NASDAQ:BUG) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 197,972 shares of the company’s stock, valued at approximately $6,967,000. Flow Traders U.S. LLC owned approximately 0.62% of Global X Cybersecurity ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in Global X Cybersecurity ETF by 3.4% in the third quarter. Bank of America Corp DE now owns 320,745 shares of the company’s stock worth $11,287,000 after buying an additional 10,496 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of Global X Cybersecurity ETF by 4.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 65,980 shares of the company’s stock worth $2,322,000 after acquiring an additional 2,984 shares during the period. NCM Capital Management LLC raised its position in shares of Global X Cybersecurity ETF by 11.1% in the 3rd quarter. NCM Capital Management LLC now owns 34,233 shares of the company’s stock worth $1,205,000 after acquiring an additional 3,407 shares in the last quarter. Scotia Capital Inc. raised its position in shares of Global X Cybersecurity ETF by 103.3% in the 3rd quarter. Scotia Capital Inc. now owns 44,097 shares of the company’s stock worth $1,552,000 after acquiring an additional 22,409 shares in the last quarter. Finally, MGO Private Wealth LLC purchased a new position in shares of Global X Cybersecurity ETF in the 3rd quarter valued at approximately $207,000.

Global X Cybersecurity ETF Stock Up 0.2%

NASDAQ BUG opened at $26.53 on Monday. The firm has a market capitalization of $816.06 million, a PE ratio of 37.03 and a beta of 0.84. The stock’s 50 day moving average is $27.95 and its 200 day moving average is $31.45. Global X Cybersecurity ETF has a twelve month low of $23.97 and a twelve month high of $37.55.

Global X Cybersecurity ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, January 7th. Shareholders 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 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.