Essex LLC Reduces Stock Position in Global X Cybersecurity ETF (NASDAQ:BUG)

Essex LLC lessened its holdings in Global X Cybersecurity ETF (NASDAQ:BUG) by 5.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 32,915 shares of the company’s stock after selling 1,970 shares during the quarter. Essex LLC owned approximately 0.13% of Global X Cybersecurity ETF worth $1,019,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. BNP Paribas bought a new position in shares of Global X Cybersecurity ETF in the first quarter worth about $25,000. Aptus Capital Advisors LLC grew its stake in Global X Cybersecurity ETF by 107.4% in the 2nd quarter. Aptus Capital Advisors LLC now owns 1,091 shares of the company’s stock worth $32,000 after acquiring an additional 565 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in shares of Global X Cybersecurity ETF during the first quarter worth approximately $57,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Global X Cybersecurity ETF during the second quarter worth approximately $59,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Global X Cybersecurity ETF during the second quarter valued at approximately $66,000.

Global X Cybersecurity ETF Stock Performance

Shares of NASDAQ BUG opened at $31.88 on Friday. The stock has a 50 day moving average price of $30.55 and a 200 day moving average price of $29.43. The firm has a market capitalization of $782.97 million, a price-to-earnings ratio of 29.10 and a beta of 0.86. Global X Cybersecurity ETF has a 52-week low of $22.55 and a 52-week high of $32.65.

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.