184,479 Shares in Global X Cybersecurity ETF $BUG Purchased by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC bought a new stake in shares of Global X Cybersecurity ETF (NASDAQ:BUG) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 184,479 shares of the company’s stock, valued at approximately $8,519,000. Insight Wealth Strategies LLC owned 0.40% of Global X Cybersecurity ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ayalon Insurance Comp Ltd. bought a new position in Global X Cybersecurity ETF in the third quarter worth approximately $29,620,000. Hamilton Capital LLC purchased a new stake in shares of Global X Cybersecurity ETF in the 3rd quarter worth $15,406,000. Bank of America Corp DE raised its holdings in Global X Cybersecurity ETF by 17.0% in the 1st quarter. Bank of America Corp DE now owns 301,424 shares of the company’s stock worth $7,569,000 after purchasing an additional 43,763 shares during the period. Capital Asset Advisory Services LLC bought a new position in Global X Cybersecurity ETF in the 1st quarter worth $7,474,000. Finally, First Interstate Bank bought a new position in Global X Cybersecurity ETF in the 1st quarter worth $3,838,000.

Global X Cybersecurity ETF Stock Up 3.4%

NASDAQ:BUG traded up $1.61 during mid-day trading on Friday, hitting $49.55. 989,753 shares of the company traded hands, compared to its average volume of 1,199,647. The stock’s fifty day moving average price is $43.22 and its 200-day moving average price is $36.28. Global X Cybersecurity ETF has a one year low of $23.15 and a one year high of $49.62. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 37.03 and a beta of 0.87.

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.