Migdal Insurance & Financial Holdings Ltd. increased its position in shares of Global X Cybersecurity ETF (NASDAQ:BUG – Free Report) by 8,668.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,226,000 shares of the company’s stock after buying an additional 3,189,211 shares during the quarter. Global X Cybersecurity ETF accounts for 0.9% of Migdal Insurance & Financial Holdings Ltd.’s portfolio, making the stock its 25th biggest holding. Migdal Insurance & Financial Holdings Ltd. owned approximately 7.08% of Global X Cybersecurity ETF worth $148,977,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the company. Clearwater Capital Advisors LLC acquired a new position in shares of Global X Cybersecurity ETF in the third quarter valued at $253,000. Moors & Cabot Inc. acquired a new stake in shares of Global X Cybersecurity ETF during the third quarter worth approximately $224,000. Allworth Financial LP bought a new position in Global X Cybersecurity ETF in the 3rd quarter valued at $192,000. Good Steward Wealth Advisors LLC acquired a new position in Global X Cybersecurity ETF during the 3rd quarter worth about $16,719,000. Finally, Werba Rubin Papier Wealth Management acquired a new stake in shares of Global X Cybersecurity ETF in the third quarter valued at approximately $249,000.
Global X Cybersecurity ETF Stock Down 0.7%
BUG stock traded down $0.32 during trading on Friday, hitting $44.83. The company had a trading volume of 1,404,669 shares, compared to its average volume of 1,326,732. The firm has a 50-day moving average price of $46.21 and a 200-day moving average price of $35.97. Global X Cybersecurity ETF has a 12 month low of $23.15 and a 12 month high of $52.93. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 44.31 and a beta of 0.84.
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.
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