Northwestern Mutual Wealth Management Co. Increases Holdings in Global X Cybersecurity ETF $BUG

Northwestern Mutual Wealth Management Co. grew its holdings in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 40.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 169,529 shares of the company’s stock after purchasing an additional 49,157 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.55% of Global X Cybersecurity ETF worth $5,164,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Moss Adams Wealth Advisors LLC increased its position in shares of Global X Cybersecurity ETF by 4.1% during the 4th quarter. Moss Adams Wealth Advisors LLC now owns 1,586,531 shares of the company’s stock valued at $48,341,000 after purchasing an additional 62,177 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Global X Cybersecurity ETF by 1.5% during the 2nd quarter. Raymond James Financial Inc. now owns 398,117 shares of the company’s stock valued at $14,770,000 after purchasing an additional 5,710 shares during the last quarter. Bank of America Corp DE increased its holdings in Global X Cybersecurity ETF by 3.4% in the 3rd quarter. Bank of America Corp DE now owns 320,745 shares of the company’s stock worth $11,287,000 after acquiring an additional 10,496 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in Global X Cybersecurity ETF by 7.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 262,616 shares of the company’s stock worth $7,999,000 after acquiring an additional 18,505 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in Global X Cybersecurity ETF by 14.7% in the 1st quarter. Royal Bank of Canada now owns 211,842 shares of the company’s stock worth $6,851,000 after acquiring an additional 27,101 shares during the last quarter.

Global X Cybersecurity ETF Stock Performance

Shares of BUG opened at $36.77 on Thursday. The business has a 50-day moving average of $28.81 and a 200 day moving average of $29.06. Global X Cybersecurity ETF has a fifty-two week low of $23.15 and a fifty-two week high of $38.74. The firm has a market cap of $1.21 billion, a P/E ratio of 37.03 and a beta of 0.78.

Global X Cybersecurity ETF 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.