Herbst Group LLC Has $1.96 Million Stock Position in Global X Cybersecurity ETF (NASDAQ:BUG)

Herbst Group LLC lowered its stake in Global X Cybersecurity ETF (NASDAQ:BUG) by 2.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 80,609 shares of the company’s stock after selling 2,146 shares during the quarter. Herbst Group LLC owned approximately 0.27% of Global X Cybersecurity ETF worth $1,956,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of BUG. LPL Financial LLC increased its position in Global X Cybersecurity ETF by 33.2% during the first quarter. LPL Financial LLC now owns 1,050,808 shares of the company’s stock worth $24,641,000 after buying an additional 262,087 shares during the last quarter. Jane Street Group LLC grew its position in shares of Global X Cybersecurity ETF by 737.9% in the second 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 during the last quarter. Edmond DE Rothschild Holding S.A. grew its position in shares of Global X Cybersecurity ETF by 5.7% in the first quarter. Edmond DE Rothschild Holding S.A. now owns 525,300 shares of the company’s stock valued at $12,318,000 after purchasing an additional 28,137 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Global X Cybersecurity ETF by 1.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 395,718 shares of the company’s stock valued at $9,280,000 after purchasing an additional 6,812 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of Global X Cybersecurity ETF by 13.8% in the fourth quarter. Bank of America Corp DE now owns 379,062 shares of the company’s stock valued at $7,866,000 after purchasing an additional 45,958 shares during the last quarter.

Global X Cybersecurity ETF Stock Down 1.1 %

Shares of Global X Cybersecurity ETF stock traded down $0.27 on Tuesday, hitting $24.48. The stock had a trading volume of 48,122 shares, compared to its average volume of 264,046. Global X Cybersecurity ETF has a twelve month low of $19.58 and a twelve month high of $25.91. The business’s 50 day moving average is $24.35 and its two-hundred day moving average is $23.45. The stock has a market cap of $681.03 million, a price-to-earnings ratio of 57.15 and a beta of 0.86.

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.