Daiwa Securities Group Inc. Sells 200,000 Shares of Global X Cloud Computing ETF (NASDAQ:CLOU)

Daiwa Securities Group Inc. trimmed its position in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 50.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 200,000 shares of the company’s stock after selling 200,000 shares during the quarter. Daiwa Securities Group Inc. owned approximately 1.29% of Global X Cloud Computing ETF worth $4,110,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of CLOU. International Assets Investment Management LLC bought a new stake in Global X Cloud Computing ETF during the 2nd quarter worth approximately $53,000. Sanctuary Advisors LLC bought a new stake in shares of Global X Cloud Computing ETF during the second quarter worth $410,000. Cetera Advisors LLC increased its stake in shares of Global X Cloud Computing ETF by 61.0% in the first quarter. Cetera Advisors LLC now owns 21,239 shares of the company’s stock valued at $462,000 after buying an additional 8,043 shares in the last quarter. CWM LLC lifted its position in Global X Cloud Computing ETF by 27.9% during the 2nd quarter. CWM LLC now owns 36,939 shares of the company’s stock worth $726,000 after buying an additional 8,055 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC bought a new stake in Global X Cloud Computing ETF during the 3rd quarter worth about $954,000.

Global X Cloud Computing ETF Trading Down 0.6 %

Shares of NASDAQ CLOU opened at $24.72 on Wednesday. Global X Cloud Computing ETF has a 1-year low of $17.79 and a 1-year high of $25.12. The company has a 50-day moving average of $21.48 and a two-hundred day moving average of $20.29. The company has a market cap of $383.90 million, a PE ratio of 46.16 and a beta of 0.98.

About Global X Cloud Computing ETF

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.