TCG Advisory Services LLC Decreases Stake in Global X Cybersecurity ETF (NASDAQ:BUG)

TCG Advisory Services LLC lessened its holdings in Global X Cybersecurity ETF (NASDAQ:BUG) by 14.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,165 shares of the company’s stock after selling 4,899 shares during the period. TCG Advisory Services LLC owned approximately 0.12% of Global X Cybersecurity ETF worth $884,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of BUG. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Global X Cybersecurity ETF by 91.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 332,636 shares of the company’s stock worth $9,750,000 after purchasing an additional 159,210 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Global X Cybersecurity ETF by 113.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 261,482 shares of the company’s stock valued at $7,664,000 after buying an additional 138,803 shares in the last quarter. Kestra Advisory Services LLC grew its stake in Global X Cybersecurity ETF by 10.0% in the 3rd quarter. Kestra Advisory Services LLC now owns 237,671 shares of the company’s stock valued at $5,773,000 after buying an additional 21,655 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Global X Cybersecurity ETF by 5.2% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 213,383 shares of the company’s stock worth $5,183,000 after acquiring an additional 10,638 shares in the last quarter. Finally, Zimmermann Investment Management & Planning LLC boosted its holdings in shares of Global X Cybersecurity ETF by 7.9% in the fourth quarter. Zimmermann Investment Management & Planning LLC now owns 181,890 shares of the company’s stock worth $5,331,000 after acquiring an additional 13,254 shares during the period.

Global X Cybersecurity ETF Price Performance

Shares of BUG traded up $0.04 during midday trading on Friday, hitting $28.65. 119,177 shares of the company traded hands, compared to its average volume of 227,737. The stock has a 50-day moving average of $29.34 and a 200-day moving average of $28.33. The firm has a market cap of $744.61 million, a P/E ratio of 29.18 and a beta of 0.86. Global X Cybersecurity ETF has a one year low of $20.86 and a one year high of $31.78.

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.