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

TCG Advisory Services LLC lowered its stake in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 14.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,165 shares of the company’s stock after selling 4,899 shares during the period. TCG Advisory Services LLC’s holdings in Global X Cybersecurity ETF were worth $884,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Phoenix Wealth Advisors raised its position in Global X Cybersecurity ETF by 6.3% during the fourth quarter. Phoenix Wealth Advisors now owns 19,266 shares of the company’s stock valued at $550,000 after purchasing an additional 1,142 shares during the period. Claro Advisors LLC purchased a new position in shares of Global X Cybersecurity ETF during the fourth quarter worth approximately $220,000. Raymond James Financial Services Advisors Inc. raised its stake in shares of Global X Cybersecurity ETF by 113.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 261,482 shares of the company’s stock valued at $7,664,000 after acquiring an additional 138,803 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of Global X Cybersecurity ETF by 10.7% in the 3rd quarter. HighTower Advisors LLC now owns 73,641 shares of the company’s stock worth $1,787,000 after buying an additional 7,141 shares during the period. Finally, Raymond James & Associates increased its stake in shares of Global X Cybersecurity ETF by 8.7% during the fourth quarter. Raymond James & Associates now owns 123,020 shares of the company’s stock valued at $3,606,000 after buying an additional 9,800 shares during the period.

Global X Cybersecurity ETF Stock Up 0.1 %

NASDAQ:BUG traded up $0.04 during mid-day trading on Friday, reaching $28.65. The company’s stock had a trading volume of 119,177 shares, compared to its average volume of 227,737. Global X Cybersecurity ETF has a 1 year low of $20.86 and a 1 year high of $31.78. The stock has a fifty day moving average of $29.34 and a 200-day moving average of $28.33. The firm has a market capitalization of $744.61 million, a PE ratio of 29.18 and a beta of 0.86.

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.