Scotia Capital Inc. Takes $805,000 Position in Global X Cybersecurity ETF $BUG

Scotia Capital Inc. acquired a new position in shares of Global X Cybersecurity ETF (NASDAQ:BUG) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 21,688 shares of the company’s stock, valued at approximately $805,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BUG. Atlantic Union Bankshares Corp acquired a new position in Global X Cybersecurity ETF in the second quarter valued at about $29,000. Elevation Point Wealth Partners LLC bought a new position in shares of Global X Cybersecurity ETF during the 2nd quarter valued at about $30,000. Armstrong Advisory Group Inc. acquired a new position in shares of Global X Cybersecurity ETF in the 2nd quarter valued at approximately $75,000. Ancora Advisors LLC grew its position in shares of Global X Cybersecurity ETF by 35.0% in the 1st quarter. Ancora Advisors LLC now owns 2,121 shares of the company’s stock valued at $69,000 after purchasing an additional 550 shares during the period. Finally, GPS Wealth Strategies Group LLC increased its stake in Global X Cybersecurity ETF by 153.2% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 3,729 shares of the company’s stock worth $138,000 after purchasing an additional 2,256 shares in the last quarter.

Global X Cybersecurity ETF Stock Performance

Shares of BUG stock opened at $31.14 on Tuesday. Global X Cybersecurity ETF has a 52 week low of $29.07 and a 52 week high of $37.55. The company’s 50 day moving average price is $33.93 and its two-hundred day moving average price is $34.62. The company has a market capitalization of $996.79 million, a P/E ratio of 37.03 and a beta of 0.84.

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.