Oppenheimer & Co. Inc. Trims Holdings in Global X Cloud Computing ETF (NASDAQ:CLOU)

Oppenheimer & Co. Inc. lessened its stake in Global X Cloud Computing ETF (NASDAQ:CLOUFree Report) by 8.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 136,283 shares of the company’s stock after selling 12,557 shares during the period. Oppenheimer & Co. Inc. owned about 0.88% of Global X Cloud Computing ETF worth $2,801,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CLOU. International Assets Investment Management LLC acquired a new stake in Global X Cloud Computing ETF in the second quarter valued at approximately $53,000. Sanctuary Advisors LLC purchased a new stake in Global X Cloud Computing ETF in the second quarter valued at approximately $410,000. Cetera Advisors LLC boosted its holdings in shares of Global X Cloud Computing ETF by 61.0% in the first quarter. Cetera Advisors LLC now owns 21,239 shares of the company’s stock valued at $462,000 after acquiring an additional 8,043 shares during the period. CWM LLC grew its position in shares of Global X Cloud Computing ETF by 27.9% during the second quarter. CWM LLC now owns 36,939 shares of the company’s stock worth $726,000 after acquiring an additional 8,055 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC acquired a new stake in Global X Cloud Computing ETF during the 3rd quarter worth $954,000.

Global X Cloud Computing ETF Stock Performance

Shares of NASDAQ:CLOU opened at $22.70 on Friday. Global X Cloud Computing ETF has a one year low of $17.79 and a one year high of $23.90. The stock has a market capitalization of $352.53 million, a price-to-earnings ratio of 46.16 and a beta of 0.98. The company has a 50-day simple moving average of $20.89 and a 200-day simple moving average of $20.11.

Global X Cloud Computing ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Global X Cloud Computing ETF (NASDAQ:CLOU)

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