Phoenix Wealth Advisors Purchases 29,583 Shares of Global X Cybersecurity ETF $BUG

Phoenix Wealth Advisors purchased a new stake in Global X Cybersecurity ETF (NASDAQ:BUG) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 29,583 shares of the company’s stock, valued at approximately $1,366,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Triumph Capital Management bought a new stake in Global X Cybersecurity ETF during the 3rd quarter worth about $38,000. Team Financial Group LLC bought a new position in shares of Global X Cybersecurity ETF in the 3rd quarter valued at about $63,000. Geneos Wealth Management Inc. bought a new position in shares of Global X Cybersecurity ETF in the 1st quarter valued at about $35,000. Optiver Holding B.V. bought a new position in shares of Global X Cybersecurity ETF in the 1st quarter valued at about $50,000. Finally, Western Wealth Management LLC acquired a new stake in shares of Global X Cybersecurity ETF during the 1st quarter worth approximately $51,000.

Global X Cybersecurity ETF Trading Down 0.6%

Shares of NASDAQ:BUG traded down $0.26 during trading on Friday, hitting $43.56. 2,459,186 shares of the company’s stock were exchanged, compared to its average volume of 1,312,721. The firm has a market cap of $2.00 billion, a P/E ratio of 37.03 and a beta of 0.84. The firm has a 50-day moving average price of $45.90 and a two-hundred day moving average price of $35.59. Global X Cybersecurity ETF has a 1-year low of $23.15 and a 1-year high of $52.93.

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.