Waycross Investment Management Co Buys New Shares in Global X Cybersecurity ETF $BUG

Waycross Investment Management Co purchased a new position in shares of Global X Cybersecurity ETF (NASDAQ:BUG) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 41,820 shares of the company’s stock, valued at approximately $1,931,000. Global X Cybersecurity ETF makes up approximately 1.7% of Waycross Investment Management Co’s holdings, making the stock its 18th biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Geneos Wealth Management Inc. bought a new position in Global X Cybersecurity ETF during the 1st quarter valued at $35,000. TigerOak Management L.L.C. grew its holdings in Global X Cybersecurity ETF by 1.7% during the 1st quarter. TigerOak Management L.L.C. now owns 98,784 shares of the company’s stock worth $2,480,000 after acquiring an additional 1,612 shares in the last quarter. Optiver Holding B.V. bought a new stake in shares of Global X Cybersecurity ETF in the 1st quarter worth about $50,000. Western Wealth Management LLC bought a new stake in shares of Global X Cybersecurity ETF in the 1st quarter worth about $51,000. Finally, Advisors Management Group Inc. ADV increased its position in shares of Global X Cybersecurity ETF by 7.6% in the 1st quarter. Advisors Management Group Inc. ADV now owns 30,213 shares of the company’s stock worth $758,000 after purchasing an additional 2,145 shares during the last quarter.

Global X Cybersecurity ETF Stock Performance

Shares of Global X Cybersecurity ETF stock traded down $1.88 during trading on Wednesday, reaching $46.69. The company had a trading volume of 1,277,600 shares, compared to its average volume of 1,207,193. Global X Cybersecurity ETF has a fifty-two week low of $23.15 and a fifty-two week high of $50.58. The firm’s fifty day moving average is $43.80 and its 200-day moving average is $36.78. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 37.03 and a beta of 0.87.

Global X Cybersecurity ETF Company 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.