Clal Insurance Enterprises Holdings Ltd Sells 800,000 Shares of Global X Cybersecurity ETF $BUG

Clal Insurance Enterprises Holdings Ltd decreased its position in Global X Cybersecurity ETF (NASDAQ:BUG) by 32.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,700,000 shares of the company’s stock after selling 800,000 shares during the period. Clal Insurance Enterprises Holdings Ltd owned approximately 0.05% of Global X Cybersecurity ETF worth $42,687,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of BUG. Geneos Wealth Management Inc. acquired a new stake in Global X Cybersecurity ETF during the 1st quarter worth about $35,000. Parallel Advisors LLC lifted its stake in shares of Global X Cybersecurity ETF by 88.3% in the 3rd quarter. Parallel Advisors LLC now owns 1,000 shares of the company’s stock valued at $35,000 after purchasing an additional 469 shares during the period. Garton & Associates Financial Advisors LLC acquired a new position in shares of Global X Cybersecurity ETF in the 4th quarter valued at about $39,000. Triumph Capital Management bought a new stake in shares of Global X Cybersecurity ETF during the 3rd quarter valued at about $44,000. Finally, Barclays PLC bought a new stake in shares of Global X Cybersecurity ETF during the 4th quarter valued at about $46,000.

Global X Cybersecurity ETF Price Performance

NASDAQ BUG opened at $39.26 on Wednesday. The business has a 50 day simple moving average of $36.14 and a 200 day simple moving average of $30.40. Global X Cybersecurity ETF has a one year low of $23.15 and a one year high of $42.71. The stock has a market capitalization of $1.29 billion, a P/E ratio of 37.03 and a beta of 0.88.

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.