Global X Cybersecurity ETF (NASDAQ:BUG) Hits New 52-Week High – What’s Next?

Global X Cybersecurity ETF (NASDAQ:BUG) shares hit a new 52-week high on Tuesday . The stock traded as high as $35.48 and last traded at $35.43, with a volume of 325760 shares. The stock had previously closed at $34.94.

Global X Cybersecurity ETF Trading Up 1.4 %

The firm has a 50-day moving average of $33.25 and a two-hundred day moving average of $31.71. The firm has a market capitalization of $888.23 million, a PE ratio of 29.10 and a beta of 0.86.

Global X Cybersecurity ETF Announces Dividend

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

Institutional Investors Weigh In On Global X Cybersecurity ETF

Institutional investors have recently bought and sold shares of the business. Delta Financial Group Inc. lifted its holdings in shares of Global X Cybersecurity ETF by 3.8% during the 4th quarter. Delta Financial Group Inc. now owns 8,832 shares of the company’s stock valued at $283,000 after acquiring an additional 325 shares in the last quarter. NCM Capital Management LLC lifted its stake in shares of Global X Cybersecurity ETF by 1.4% during the third quarter. NCM Capital Management LLC now owns 24,125 shares of the company’s stock worth $747,000 after purchasing an additional 340 shares in the last quarter. Global Retirement Partners LLC grew its stake in shares of Global X Cybersecurity ETF by 99.3% in the fourth quarter. Global Retirement Partners LLC now owns 811 shares of the company’s stock valued at $26,000 after buying an additional 404 shares in the last quarter. ERn Financial LLC raised its holdings in shares of Global X Cybersecurity ETF by 1.8% during the 3rd quarter. ERn Financial LLC now owns 37,931 shares of the company’s stock valued at $1,174,000 after buying an additional 660 shares during the period. Finally, GPS Wealth Strategies Group LLC lifted its position in Global X Cybersecurity ETF by 255.7% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 1,067 shares of the company’s stock worth $34,000 after acquiring an additional 767 shares in the last quarter.

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.