Sowell Financial Services LLC Purchases 29,208 Shares of Global X Cybersecurity ETF $BUG

Sowell Financial Services LLC purchased a new stake in Global X Cybersecurity ETF (NASDAQ:BUG) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 29,208 shares of the company’s stock, valued at approximately $1,349,000. Sowell Financial Services LLC owned about 0.06% of Global X Cybersecurity ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. bought a new stake in Global X Cybersecurity ETF during the 1st quarter worth about $35,000. Triumph Capital Management bought a new position in shares of Global X Cybersecurity ETF in the 3rd quarter valued at about $38,000. Optiver Holding B.V. acquired a new stake in shares of Global X Cybersecurity ETF during the 1st quarter worth approximately $50,000. Western Wealth Management LLC acquired a new stake in shares of Global X Cybersecurity ETF during the 1st quarter worth approximately $51,000. Finally, TD Waterhouse Canada Inc. bought a new stake in shares of Global X Cybersecurity ETF during the third quarter worth approximately $154,000.

Global X Cybersecurity ETF Price Performance

BUG opened at $49.37 on Friday. The firm has a 50 day simple moving average of $45.43 and a 200 day simple moving average of $35.20. Global X Cybersecurity ETF has a fifty-two week low of $23.15 and a fifty-two week high of $52.93. The company has a market cap of $2.25 billion, a price-to-earnings ratio of 37.03 and a beta of 0.87.

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.