MinichMacGregor Wealth Management LLC Makes New $653,000 Investment in Global X Cybersecurity ETF $BUG

MinichMacGregor Wealth Management LLC acquired a new position in shares of Global X Cybersecurity ETF (NASDAQ:BUG) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 18,547 shares of the company’s stock, valued at approximately $653,000. MinichMacGregor Wealth Management LLC owned 0.06% of Global X Cybersecurity ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Global X Cybersecurity ETF during the 2nd quarter worth about $92,750,000. Moss Adams Wealth Advisors LLC grew its position in shares of Global X Cybersecurity ETF by 7.3% during the third quarter. Moss Adams Wealth Advisors LLC now owns 1,524,354 shares of the company’s stock worth $53,642,000 after buying an additional 103,129 shares in the last quarter. Edmond DE Rothschild Holding S.A. increased its stake in shares of Global X Cybersecurity ETF by 3.7% during the second quarter. Edmond DE Rothschild Holding S.A. now owns 403,016 shares of the company’s stock worth $14,952,000 after buying an additional 14,400 shares during the period. Raymond James Financial Inc. raised its holdings in Global X Cybersecurity ETF by 1.5% in the second quarter. Raymond James Financial Inc. now owns 398,117 shares of the company’s stock valued at $14,770,000 after acquiring an additional 5,710 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in Global X Cybersecurity ETF by 18.7% in the second quarter. Cetera Investment Advisers now owns 258,043 shares of the company’s stock worth $9,573,000 after acquiring an additional 40,668 shares during the last quarter.

Global X Cybersecurity ETF Stock Down 1.2%

NASDAQ BUG opened at $29.84 on Friday. Global X Cybersecurity ETF has a 52 week low of $29.07 and a 52 week high of $37.55. The firm has a 50 day moving average of $31.38 and a two-hundred day moving average of $33.56. The stock has a market capitalization of $921.16 million, a PE ratio of 37.03 and a beta of 0.84.

Global X Cybersecurity ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a dividend of $0.0119 per share. This represents a dividend yield of 8.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Global X Cybersecurity ETF 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.