Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Global X Cloud Computing ETF (NASDAQ:CLOU – Free Report) by 16.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 229,725 shares of the company’s stock after purchasing an additional 33,213 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Global X Cloud Computing ETF were worth $5,548,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the stock. James J. Burns & Company LLC purchased a new stake in shares of Global X Cloud Computing ETF in the fourth quarter worth about $222,000. HighTower Advisors LLC lifted its holdings in Global X Cloud Computing ETF by 13.5% in the third quarter. HighTower Advisors LLC now owns 12,582 shares of the company’s stock valued at $257,000 after acquiring an additional 1,496 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in Global X Cloud Computing ETF in the 4th quarter worth approximately $334,000. Sanctuary Advisors LLC acquired a new stake in shares of Global X Cloud Computing ETF during the 2nd quarter worth approximately $410,000. Finally, CWM LLC grew its stake in shares of Global X Cloud Computing ETF by 8.0% during the 3rd 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.
Global X Cloud Computing ETF Price Performance
CLOU opened at $25.61 on Friday. The firm has a fifty day moving average price of $24.80 and a 200 day moving average price of $22.11. Global X Cloud Computing ETF has a 1 year low of $17.79 and a 1 year high of $26.39. The stock has a market cap of $373.14 million, a P/E ratio of 46.16 and a beta of 0.98.
Global X Cloud Computing ETF Company 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.
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