Capital Asset Advisory Services LLC Buys Shares of 281,300 Global X Cybersecurity ETF $BUG

Capital Asset Advisory Services LLC purchased a new stake in Global X Cybersecurity ETF (NASDAQ:BUG) in the first quarter, HoldingsChannel reports. The firm purchased 281,300 shares of the company’s stock, valued at approximately $7,474,000.

Other hedge funds have also made changes to their positions in the company. Parallel Advisors LLC raised its stake in shares of Global X Cybersecurity ETF by 88.3% during the 3rd quarter. Parallel Advisors LLC now owns 1,000 shares of the company’s stock worth $35,000 after buying an additional 469 shares during the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Global X Cybersecurity ETF in the 4th quarter valued at about $39,000. Triumph Capital Management acquired a new stake in Global X Cybersecurity ETF in the 3rd quarter valued at about $44,000. Barclays PLC acquired a new stake in Global X Cybersecurity ETF in the 4th quarter valued at about $46,000. Finally, EverSource Wealth Advisors LLC increased its holdings in Global X Cybersecurity ETF by 5,472.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,396 shares of the company’s stock valued at $73,000 after acquiring an additional 2,353 shares in the last quarter.

Global X Cybersecurity ETF Trading Up 2.6%

Shares of BUG opened at $39.18 on Thursday. The stock has a market cap of $1.29 billion, a P/E ratio of 37.03 and a beta of 0.89. The company has a 50-day moving average of $32.69 and a two-hundred day moving average of $29.50. Global X Cybersecurity ETF has a 12-month low of $23.15 and a 12-month high of $39.70.

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.