WealthBridge Investment Counsel Inc. Raises Stock Position in Global X Cybersecurity ETF (NASDAQ:BUG)

WealthBridge Investment Counsel Inc. raised its stake in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 0.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 96,400 shares of the company’s stock after acquiring an additional 500 shares during the quarter. WealthBridge Investment Counsel Inc.’s holdings in Global X Cybersecurity ETF were worth $2,984,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Granite Bay Wealth Management LLC acquired a new stake in Global X Cybersecurity ETF during the 2nd quarter worth $410,690,000. Moss Adams Wealth Advisors LLC acquired a new stake in Global X Cybersecurity ETF in the 2nd quarter valued at about $38,796,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in Global X Cybersecurity ETF by 9.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 362,426 shares of the company’s stock worth $10,782,000 after purchasing an additional 29,790 shares in the last quarter. Zimmermann Investment Management & Planning LLC boosted its holdings in shares of Global X Cybersecurity ETF by 6.1% during the 2nd quarter. Zimmermann Investment Management & Planning LLC now owns 224,239 shares of the company’s stock worth $6,633,000 after purchasing an additional 12,940 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in shares of Global X Cybersecurity ETF by 6.0% in the second quarter. Cetera Investment Advisers now owns 182,768 shares of the company’s stock valued at $5,406,000 after purchasing an additional 10,291 shares in the last quarter.

Global X Cybersecurity ETF Stock Performance

NASDAQ:BUG opened at $31.97 on Friday. Global X Cybersecurity ETF has a one year low of $22.55 and a one year high of $32.00. The stock has a market cap of $785.18 million, a PE ratio of 29.10 and a beta of 0.86. The stock has a 50 day moving average price of $30.01 and a 200 day moving average price of $29.31.

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.