PNC Financial Services Group Inc. Has $1.08 Million Stock Position in Global X Cybersecurity ETF $BUG

PNC Financial Services Group Inc. reduced its position in Global X Cybersecurity ETF (NASDAQ:BUG) by 28.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 43,072 shares of the company’s stock after selling 16,932 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Global X Cybersecurity ETF were worth $1,082,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in BUG. Independent Financial Group LLC acquired a new stake in shares of Global X Cybersecurity ETF during the first quarter valued at approximately $206,000. IMC Chicago LLC acquired a new position in Global X Cybersecurity ETF in the 1st quarter worth approximately $1,891,000. Geneos Wealth Management Inc. acquired a new position in Global X Cybersecurity ETF in the 1st quarter worth approximately $35,000. Sanctuary Advisors LLC grew its position in Global X Cybersecurity ETF by 20.1% during the 1st quarter. Sanctuary Advisors LLC now owns 28,110 shares of the company’s stock worth $706,000 after purchasing an additional 4,710 shares in the last quarter. Finally, Fifth Third Bancorp grew its position in Global X Cybersecurity ETF by 50.5% during the 1st quarter. Fifth Third Bancorp now owns 13,913 shares of the company’s stock worth $349,000 after purchasing an additional 4,669 shares in the last quarter.

Global X Cybersecurity ETF Stock Up 1.5%

Shares of NASDAQ:BUG opened at $38.08 on Friday. The company’s fifty day moving average is $36.97 and its two-hundred day moving average is $30.80. The company has a market cap of $1.35 billion, a P/E ratio of 37.03 and a beta of 0.88. Global X Cybersecurity ETF has a 12-month low of $23.15 and a 12-month high of $42.71.

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.