Black Swift Group LLC Sells 9,785 Shares of Global X Cybersecurity ETF (NASDAQ:BUG)

Black Swift Group LLC lessened its stake in Global X Cybersecurity ETF (NASDAQ:BUG) by 27.8% during the fourth quarter, HoldingsChannel reports. The firm owned 25,392 shares of the company’s stock after selling 9,785 shares during the period. Black Swift Group LLC’s holdings in Global X Cybersecurity ETF were worth $815,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new position in Global X Cybersecurity ETF in the fourth quarter worth $11,115,000. Merit Financial Group LLC purchased a new stake in Global X Cybersecurity ETF during the fourth quarter valued at about $5,131,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Global X Cybersecurity ETF by 61.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 326,606 shares of the company’s stock worth $10,550,000 after purchasing an additional 123,807 shares during the period. TigerOak Management L.L.C. purchased a new stake in shares of Global X Cybersecurity ETF during the fourth quarter worth about $3,113,000. Finally, Certuity LLC boosted its holdings in shares of Global X Cybersecurity ETF by 116.9% during the fourth quarter. Certuity LLC now owns 25,349 shares of the company’s stock worth $813,000 after purchasing an additional 13,662 shares during the period.

Global X Cybersecurity ETF Price Performance

BUG stock opened at $34.08 on Thursday. Global X Cybersecurity ETF has a 1 year low of $26.03 and a 1 year high of $36.81. The firm has a 50-day moving average of $33.78 and a 200 day moving average of $32.45. The company has a market cap of $854.39 million, a P/E ratio of 34.24 and a beta of 0.86.

Global X Cybersecurity ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a dividend of $0.0305 per share. The ex-dividend date of this dividend was Monday, December 30th.

Global X Cybersecurity ETF Company 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.