Masso Torrence Wealth Management Inc. Decreases Stock Holdings in Global X Cybersecurity ETF (NASDAQ:BUG)

Masso Torrence Wealth Management Inc. reduced its position in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 0.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 78,473 shares of the company’s stock after selling 446 shares during the quarter. Global X Cybersecurity ETF makes up about 1.6% of Masso Torrence Wealth Management Inc.’s holdings, making the stock its 19th biggest holding. Masso Torrence Wealth Management Inc.’s holdings in Global X Cybersecurity ETF were worth $2,300,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. CWM LLC grew its position in Global X Cybersecurity ETF by 595.3% during the third quarter. CWM LLC now owns 2,086 shares of the company’s stock valued at $51,000 after buying an additional 1,786 shares during the period. Geneos Wealth Management Inc. purchased a new stake in Global X Cybersecurity ETF during the 4th quarter valued at approximately $61,000. Simplex Trading LLC lifted its stake in Global X Cybersecurity ETF by 282.2% in the 3rd quarter. Simplex Trading LLC now owns 2,928 shares of the company’s stock worth $71,000 after purchasing an additional 2,162 shares in the last quarter. Delta Financial Group Inc. bought a new position in shares of Global X Cybersecurity ETF during the 4th quarter valued at approximately $210,000. Finally, Claro Advisors LLC purchased a new position in shares of Global X Cybersecurity ETF in the 4th quarter worth $220,000.

Global X Cybersecurity ETF Trading Up 0.7 %

NASDAQ:BUG traded up $0.19 during midday trading on Wednesday, hitting $28.60. 1,367,817 shares of the company traded hands, compared to its average volume of 237,616. Global X Cybersecurity ETF has a 12-month low of $20.79 and a 12-month high of $31.78. The firm has a market capitalization of $747.03 million, a P/E ratio of 29.18 and a beta of 0.86. The firm’s fifty day moving average is $29.64 and its 200-day moving average is $28.16.

About Global X Cybersecurity ETF

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.