Moss Adams Wealth Advisors LLC Purchases New Holdings in Global X Cybersecurity ETF $BUG

Moss Adams Wealth Advisors LLC purchased a new position in shares of Global X Cybersecurity ETF (NASDAQ:BUG) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,577,034 shares of the company’s stock, valued at approximately $72,827,000. Global X Cybersecurity ETF comprises about 4.7% of Moss Adams Wealth Advisors LLC’s investment portfolio, making the stock its 6th biggest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Financial Solutions Advisory Group Inc. acquired a new stake in shares of Global X Cybersecurity ETF in the 3rd quarter valued at approximately $356,000. Livelsberger Financial Advisory acquired a new position in Global X Cybersecurity ETF during the third quarter worth $470,000. VestGen Advisors LLC acquired a new position in Global X Cybersecurity ETF during the third quarter worth $281,000. Oppenheimer & Co. Inc. bought a new stake in Global X Cybersecurity ETF during the third quarter worth $620,000. Finally, Park Avenue Securities LLC bought a new stake in Global X Cybersecurity ETF during the third quarter worth $291,000.

Global X Cybersecurity ETF Price Performance

Shares of BUG stock opened at $49.37 on Friday. The company has a fifty day moving average price of $45.43 and a two-hundred day moving average price of $35.20. Global X Cybersecurity ETF has a one year low of $23.15 and a one year high of $52.93. The stock has a market cap of $2.25 billion, a P/E ratio of 37.03 and a beta of 0.87.

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.