Global X Cybersecurity ETF (NASDAQ:BUG) Reaches New 12-Month High – Here’s Why

Global X Cybersecurity ETF (NASDAQ:BUG)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $36.75 and last traded at $36.69, with a volume of 46920 shares. The stock had previously closed at $36.60.

Global X Cybersecurity ETF Trading Down 2.2 %

The firm has a 50-day moving average of $33.57 and a 200 day moving average of $32.08. The stock has a market capitalization of $897.26 million, a price-to-earnings ratio of 29.10 and a beta of 0.86.

Global X Cybersecurity ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were issued a dividend of $0.0305 per share. The ex-dividend date was Monday, December 30th.

Institutional Investors Weigh In On Global X Cybersecurity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC increased its holdings in Global X Cybersecurity ETF by 213.1% during the 3rd quarter. FMR LLC now owns 1,221 shares of the company’s stock worth $38,000 after purchasing an additional 831 shares during the last quarter. Bleakley Financial Group LLC purchased a new stake in Global X Cybersecurity ETF during the 4th quarter worth approximately $239,000. Synovus Financial Corp purchased a new stake in Global X Cybersecurity ETF during the 3rd quarter worth approximately $223,000. OneDigital Investment Advisors LLC increased its holdings in Global X Cybersecurity ETF by 5.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 19,125 shares of the company’s stock worth $592,000 after purchasing an additional 1,014 shares during the last quarter. Finally, TigerOak Management L.L.C. purchased a new stake in Global X Cybersecurity ETF during the 4th quarter worth approximately $3,113,000.

About Global X Cybersecurity ETF

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.