Oppenheimer & Co. Inc. lessened its stake in Global X Cloud Computing ETF (NASDAQ:CLOU – Free 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
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
- Five stocks we like better than Global X Cloud Computing ETF
- Investing in Travel Stocks Benefits
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Freeport-McMoRan, Copper Demand Short-Term Pain, Long-Term Gain
- How Technical Indicators Can Help You Find Oversold StocksĀ
- Time to Load Up on Home Builders?
Receive News & Ratings for Global X Cloud Computing ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Cloud Computing ETF and related companies with MarketBeat.com's FREE daily email newsletter.