Global X Cybersecurity ETF (NASDAQ:BUG) Hits New 1-Year High – What’s Next?

Shares of Global X Cybersecurity ETF (NASDAQ:BUG) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $35.48 and last traded at $35.43, with a volume of 325760 shares trading hands. The stock had previously closed at $34.94.

Global X Cybersecurity ETF Trading Up 0.1 %

The stock has a market capitalization of $886.22 million, a P/E ratio of 29.10 and a beta of 0.86. The business has a fifty day simple moving average of $33.31 and a 200 day simple moving average of $31.79.

Global X Cybersecurity ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a dividend of $0.0305 per share. The ex-dividend date was Monday, December 30th.

Hedge Funds Weigh In On Global X Cybersecurity ETF

Hedge funds have recently bought and sold shares of the company. Global Retirement Partners LLC grew its holdings in shares of Global X Cybersecurity ETF by 99.3% in the fourth quarter. Global Retirement Partners LLC now owns 811 shares of the company’s stock valued at $26,000 after acquiring an additional 404 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its position in Global X Cybersecurity ETF by 255.7% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,067 shares of the company’s stock worth $34,000 after purchasing an additional 767 shares during the last quarter. FMR LLC grew its stake in Global X Cybersecurity ETF by 213.1% in the 3rd quarter. FMR LLC now owns 1,221 shares of the company’s stock valued at $38,000 after purchasing an additional 831 shares during the period. Allworth Financial LP bought a new position in Global X Cybersecurity ETF in the 4th quarter valued at $171,000. Finally, Atria Wealth Solutions Inc. purchased a new stake in shares of Global X Cybersecurity ETF during the 4th quarter valued at $203,000.

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.