Hamilton Wealth LLC Acquires New Position in Global X Cybersecurity ETF $BUG

Hamilton Wealth LLC acquired a new stake in Global X Cybersecurity ETF (NASDAQ:BUG) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 14,818 shares of the company’s stock, valued at approximately $372,000.

Other hedge funds have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. purchased a new position in shares of Global X Cybersecurity ETF during the first quarter worth approximately $35,000. Parallel Advisors LLC boosted its holdings in shares of Global X Cybersecurity ETF by 88.3% in the third quarter. Parallel Advisors LLC now owns 1,000 shares of the company’s stock valued at $35,000 after purchasing an additional 469 shares during the period. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Global X Cybersecurity ETF in the fourth quarter valued at approximately $39,000. Triumph Capital Management purchased a new stake in shares of Global X Cybersecurity ETF in the third quarter valued at approximately $44,000. Finally, Barclays PLC bought a new position in Global X Cybersecurity ETF in the fourth quarter worth approximately $46,000.

Global X Cybersecurity ETF Price Performance

BUG opened at $38.08 on Monday. The stock’s fifty day moving average is $36.97 and its two-hundred day moving average is $30.80. The company has a market capitalization of $1.35 billion, a P/E ratio of 37.03 and a beta of 0.88. Global X Cybersecurity ETF has a 52 week low of $23.15 and a 52 week high of $42.71.

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.