Farrow Financial Inc. Raises Stock Holdings in Global X Cybersecurity ETF (NASDAQ:BUG)

Farrow Financial Inc. lifted its holdings in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 1.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,272 shares of the company’s stock after purchasing an additional 1,432 shares during the quarter. Global X Cybersecurity ETF accounts for approximately 1.7% of Farrow Financial Inc.’s portfolio, making the stock its 22nd largest position. Farrow Financial Inc.’s holdings in Global X Cybersecurity ETF were worth $2,467,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Moss Adams Wealth Advisors LLC lifted its position in Global X Cybersecurity ETF by 3.1% in the 1st quarter. Moss Adams Wealth Advisors LLC now owns 1,399,273 shares of the company’s stock worth $45,252,000 after buying an additional 41,580 shares during the last quarter. LPL Financial LLC lifted its position in Global X Cybersecurity ETF by 0.6% in the 1st quarter. LPL Financial LLC now owns 563,853 shares of the company’s stock worth $18,235,000 after buying an additional 3,363 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Global X Cybersecurity ETF by 21.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 395,290 shares of the company’s stock worth $12,981,000 after buying an additional 68,684 shares during the last quarter. Bank of America Corp DE lifted its position in Global X Cybersecurity ETF by 1.1% in the 4th quarter. Bank of America Corp DE now owns 352,418 shares of the company’s stock worth $11,309,000 after buying an additional 3,714 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in Global X Cybersecurity ETF by 27.8% in the 4th quarter. Cetera Investment Advisers now owns 221,977 shares of the company’s stock worth $7,123,000 after buying an additional 48,302 shares during the last quarter.

Global X Cybersecurity ETF Price Performance

NASDAQ:BUG opened at $34.41 on Tuesday. The business has a 50 day moving average of $35.83 and a 200 day moving average of $34.42. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 37.03 and a beta of 0.86. Global X Cybersecurity ETF has a 1-year low of $26.03 and a 1-year high of $37.55.

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.