Global X Cloud Computing ETF (NASDAQ:CLOU) Shares Up 1.6% – Here’s Why

Posted by Anthony Miller on Oct 21st, 2026

Global X Cloud Computing ETF (NASDAQ:CLOU – Get Free Report) shot up 1.6% on Tuesday. The stock traded as high as $29.18 and last traded at $29.09. 342,084 shares were traded during mid-day trading, an increase of 15% from the average session volume of 297,180 shares. The stock had previously closed at $28.62.

Global X Cloud Computing ETF Trading Up 1.6%

The company has a market capitalization of $410.75 million, a P/E ratio of 36.94 and a beta of 1.08. The business’s 50-day simple moving average is $28.39 and its 200 day simple moving average is $24.66.

Hedge Funds Weigh In On Global X Cloud Computing ETF

A number of large investors have recently made changes to their positions in CLOU. Envestnet Asset Management Inc. raised its position in Global X Cloud Computing ETF by 16.5% during the second quarter. Envestnet Asset Management Inc. now owns 52,513 shares of the company’s stock valued at $1,194,000 after acquiring an additional 7,419 shares in the last quarter. Cetera Investment Advisers grew its position in Global X Cloud Computing ETF by 29.6% during the first quarter. Cetera Investment Advisers now owns 60,877 shares of the company’s stock worth $1,187,000 after buying an additional 13,905 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Global X Cloud Computing ETF by 13.7% during the first quarter. PNC Financial Services Group Inc. now owns 16,351 shares of the company’s stock valued at $319,000 after purchasing an additional 1,967 shares during the period. Finally, Sanctuary Advisors LLC boosted its position in shares of Global X Cloud Computing ETF by 12.4% during the 1st quarter. Sanctuary Advisors LLC now owns 30,295 shares of the company’s stock valued at $591,000 after acquiring an additional 3,342 shares in the last quarter.

About Global X Cloud Computing ETF

(Get Free Report)

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.