Covestor Ltd Trims Holdings in Global X Cybersecurity ETF (NASDAQ:BUG)

Covestor Ltd reduced its holdings in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 27.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,534 shares of the company’s stock after selling 570 shares during the period. Covestor Ltd’s holdings in Global X Cybersecurity ETF were worth $47,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Aptus Capital Advisors LLC grew its holdings in shares of Global X Cybersecurity ETF by 107.4% during the second quarter. Aptus Capital Advisors LLC now owns 1,091 shares of the company’s stock worth $32,000 after buying an additional 565 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of Global X Cybersecurity ETF in the 2nd quarter valued at approximately $59,000. International Assets Investment Management LLC purchased a new position in shares of Global X Cybersecurity ETF in the 2nd quarter valued at approximately $66,000. Wedmont Private Capital acquired a new position in shares of Global X Cybersecurity ETF in the second quarter valued at approximately $201,000. Finally, Avantax Advisory Services Inc. purchased a new stake in shares of Global X Cybersecurity ETF during the first quarter worth approximately $210,000.

Global X Cybersecurity ETF Price Performance

NASDAQ:BUG opened at $33.16 on Friday. The firm has a market cap of $803.80 million, a price-to-earnings ratio of 29.10 and a beta of 0.86. The firm’s fifty day moving average price is $30.99 and its 200 day moving average price is $29.83. Global X Cybersecurity ETF has a 1-year low of $24.96 and a 1-year high of $34.16.

Global X Cybersecurity ETF 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.