Global X Cybersecurity ETF (NASDAQ:BUG – Get Free Report) was the recipient of unusually large options trading on Tuesday. Investors acquired 5,063 put options on the company. This is an increase of approximately 137% compared to the average volume of 2,136 put options.
Hedge Funds Weigh In On Global X Cybersecurity ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sterling Investment Counsel LLC acquired a new position in Global X Cybersecurity ETF during the third quarter valued at approximately $1,258,000. Independent Wealth Network Inc. acquired a new stake in shares of Global X Cybersecurity ETF during the third quarter valued at about $226,000. IFP Advisors Inc acquired a new stake in Global X Cybersecurity ETF during the 3rd quarter valued at approximately $604,000. Robertson Stephens Wealth Management LLC bought a new stake in shares of Global X Cybersecurity ETF in the third quarter worth $350,000. Finally, Guardian Asset Advisors LLC bought a new stake in shares of Global X Cybersecurity ETF in the 3rd quarter worth about $278,000.
Global X Cybersecurity ETF Stock Up 0.4%
Shares of NASDAQ BUG traded up $0.20 during midday trading on Tuesday, hitting $45.07. The company had a trading volume of 643,276 shares, compared to its average volume of 1,214,936. Global X Cybersecurity ETF has a twelve month low of $23.15 and a twelve month high of $50.58. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 37.03 and a beta of 0.87. The business has a 50-day simple moving average of $44.11 and a two-hundred day simple moving average of $37.37.
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.
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