Mirae Asset Global Investments Co. Ltd. Acquires 33,213 Shares of Global X Cloud Computing ETF (NASDAQ:CLOU)

Mirae Asset Global Investments Co. Ltd. lifted its stake in Global X Cloud Computing ETF (NASDAQ:CLOU) by 16.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 229,725 shares of the company’s stock after purchasing an additional 33,213 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 1.58% of Global X Cloud Computing ETF worth $5,548,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in CLOU. James J. Burns & Company LLC bought a new position in Global X Cloud Computing ETF in the 4th quarter worth about $222,000. HighTower Advisors LLC grew its holdings in shares of Global X Cloud Computing ETF by 13.5% during the third quarter. HighTower Advisors LLC now owns 12,582 shares of the company’s stock valued at $257,000 after buying an additional 1,496 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Global X Cloud Computing ETF in the 4th quarter valued at $334,000. Sanctuary Advisors LLC purchased a new position in Global X Cloud Computing ETF in the 2nd quarter worth $410,000. Finally, CWM LLC lifted its position in Global X Cloud Computing ETF by 8.0% during the 3rd quarter. CWM LLC now owns 39,910 shares of the company’s stock worth $820,000 after acquiring an additional 2,971 shares during the period.

Global X Cloud Computing ETF Stock Performance

Shares of CLOU stock opened at $25.61 on Friday. Global X Cloud Computing ETF has a fifty-two week low of $17.79 and a fifty-two week high of $26.39. The firm has a market capitalization of $373.14 million, a PE ratio of 46.16 and a beta of 0.98. The stock’s 50-day simple moving average is $24.80 and its 200-day simple moving average is $22.11.

Global X Cloud Computing ETF Company Profile

The Global X Cloud Computing ETF (CLOU) is an exchange-traded fund that is based on the Indxx Global Cloud Computing index. The fund provides exposure to a market-cap weighted global equity index of companies involved in the cloud computing industry. CLOU was launched on Apr 12, 2019 and is managed by Global X.