SBI Securities Co. Ltd. Purchases Shares of 5,870 Global X Cloud Computing ETF (NASDAQ:CLOU)

SBI Securities Co. Ltd. purchased a new stake in Global X Cloud Computing ETF (NASDAQ:CLOU) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 5,870 shares of the company’s stock, valued at approximately $141,000.

Other hedge funds also recently made changes to their positions in the company. Jane Street Group LLC raised its stake in shares of Global X Cloud Computing ETF by 262.1% in the 3rd quarter. Jane Street Group LLC now owns 99,402 shares of the company’s stock valued at $2,043,000 after acquiring an additional 71,953 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Global X Cloud Computing ETF by 16.9% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,725 shares of the company’s stock valued at $5,548,000 after acquiring an additional 33,213 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Global X Cloud Computing ETF in the 4th quarter valued at $334,000. James J. Burns & Company LLC purchased a new position in shares of Global X Cloud Computing ETF in the 4th quarter valued at $222,000. Finally, Sierra Ocean LLC purchased a new position in shares of Global X Cloud Computing ETF in the 4th quarter valued at $92,000.

Global X Cloud Computing ETF Trading Up 0.2 %

Shares of CLOU stock opened at $22.58 on Friday. The company’s fifty day simple moving average is $24.61 and its 200-day simple moving average is $22.86. Global X Cloud Computing ETF has a 52 week low of $17.79 and a 52 week high of $26.39. The company has a market cap of $328.99 million, a PE ratio of 35.19 and a beta of 0.98.

Global X Cloud Computing ETF Profile

The Global X Cloud Computing ETF (CLOU) is an exchange-traded fund that is based on the Indxx Global Cloud Computing index. The fund provides exposure to a market-cap weighted global equity index of companies involved in the cloud computing industry. CLOU was launched on Apr 12, 2019 and is managed by Global X.