Oppenheimer & Co. Inc. Trims Position in Global X Cloud Computing ETF (NASDAQ:CLOU)

Oppenheimer & Co. Inc. decreased its position in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 13.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 117,656 shares of the company’s stock after selling 18,627 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.81% of Global X Cloud Computing ETF worth $2,819,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CLOU. Sierra Ocean LLC bought a new position in Global X Cloud Computing ETF in the 4th quarter worth approximately $92,000. James J. Burns & Company LLC purchased a new position in shares of Global X Cloud Computing ETF in the fourth quarter worth $222,000. HighTower Advisors LLC boosted its position 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 worth $257,000 after acquiring an additional 1,496 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in Global X Cloud Computing ETF during the fourth quarter valued at $334,000. Finally, Sanctuary Advisors LLC increased its holdings in Global X Cloud Computing ETF by 10.2% in the 4th quarter. Sanctuary Advisors LLC now owns 20,900 shares of the company’s stock valued at $538,000 after acquiring an additional 1,928 shares during the last quarter.

Global X Cloud Computing ETF Stock Up 0.6 %

Shares of CLOU stock opened at $23.52 on Monday. The company’s fifty day simple moving average is $24.78 and its two-hundred day simple moving average is $22.79. Global X Cloud Computing ETF has a 52 week low of $17.79 and a 52 week high of $26.39. The stock has a market cap of $362.21 million, a P/E ratio of 35.19 and a beta of 1.11.

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.