Clal Insurance Enterprises Holdings Ltd Sells 800,000 Shares of Global X Cybersecurity ETF $BUG

Clal Insurance Enterprises Holdings Ltd reduced its position in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 32.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,700,000 shares of the company’s stock after selling 800,000 shares during the period. Clal Insurance Enterprises Holdings Ltd owned approximately 5.16% of Global X Cybersecurity ETF worth $42,687,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in BUG. Parallel Advisors LLC grew its holdings in Global X Cybersecurity ETF by 88.3% in the 3rd quarter. Parallel Advisors LLC now owns 1,000 shares of the company’s stock valued at $35,000 after buying an additional 469 shares in the last quarter. Triumph Capital Management acquired a new position in shares of Global X Cybersecurity ETF in the third quarter valued at about $44,000. Garton & Associates Financial Advisors LLC bought a new position in Global X Cybersecurity ETF during the fourth quarter worth about $39,000. Geneos Wealth Management Inc. bought a new position in Global X Cybersecurity ETF during the first quarter worth about $35,000. Finally, Barclays PLC acquired a new stake in Global X Cybersecurity ETF in the 4th quarter worth about $46,000.

Global X Cybersecurity ETF Trading Down 2.8%

Shares of BUG stock opened at $39.26 on Wednesday. The stock has a market cap of $1.29 billion, a P/E ratio of 37.03 and a beta of 0.88. The stock has a 50 day simple moving average of $36.14 and a 200 day simple moving average of $30.40. Global X Cybersecurity ETF has a 1 year low of $23.15 and a 1 year 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.