Daiwa Securities Group Inc. Sells 200,000 Shares of Global X Cloud Computing ETF (NASDAQ:CLOU)

Daiwa Securities Group Inc. trimmed its holdings in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 50.0% during the third quarter, Holdings Channel.com reports. The fund owned 200,000 shares of the company’s stock after selling 200,000 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Global X Cloud Computing ETF were worth $4,110,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of CLOU. CWM LLC increased its holdings in shares of Global X Cloud Computing ETF by 8.0% during the third quarter. CWM LLC now owns 39,910 shares of the company’s stock worth $820,000 after purchasing an additional 2,971 shares during the period. Cetera Investment Advisers raised its holdings in Global X Cloud Computing ETF by 126.3% in the 1st quarter. Cetera Investment Advisers now owns 87,979 shares of the company’s stock valued at $1,914,000 after acquiring an additional 49,103 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of Global X Cloud Computing ETF by 11.0% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 148,840 shares of the company’s stock valued at $2,926,000 after acquiring an additional 14,775 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Global X Cloud Computing ETF during the 2nd quarter worth $410,000. Finally, Jane Street Group LLC increased its position in shares of Global X Cloud Computing ETF by 773.8% in the first quarter. Jane Street Group LLC now owns 430,259 shares of the company’s stock worth $9,358,000 after purchasing an additional 381,021 shares during the period.

Global X Cloud Computing ETF Stock Down 0.6 %

CLOU stock opened at $24.72 on Wednesday. The company has a market cap of $383.90 million, a PE ratio of 46.16 and a beta of 0.98. Global X Cloud Computing ETF has a 52 week low of $17.79 and a 52 week high of $25.12. The business has a 50-day simple moving average of $21.48 and a 200 day simple moving average of $20.29.

About Global X Cloud Computing ETF

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.