Global X Cybersecurity ETF $BUG Shares Sold by Brookstone Capital Management

Brookstone Capital Management cut its stake in Global X Cybersecurity ETF (NASDAQ:BUG) by 60.7% during the 1st quarter, HoldingsChannel reports. The fund owned 17,320 shares of the company’s stock after selling 26,786 shares during the period. Brookstone Capital Management’s holdings in Global X Cybersecurity ETF were worth $435,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Moss Adams Wealth Advisors LLC lifted its position in shares of Global X Cybersecurity ETF by 4.1% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 1,586,531 shares of the company’s stock worth $48,341,000 after purchasing an additional 62,177 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of Global X Cybersecurity ETF by 1.5% in the 2nd quarter. Raymond James Financial Inc. now owns 398,117 shares of the company’s stock worth $14,770,000 after acquiring an additional 5,710 shares in the last quarter. Bank of America Corp DE grew its position in shares of Global X Cybersecurity ETF by 3.4% in the 3rd quarter. Bank of America Corp DE now owns 320,745 shares of the company’s stock worth $11,287,000 after acquiring an additional 10,496 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Global X Cybersecurity ETF by 7.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 262,616 shares of the company’s stock valued at $7,999,000 after acquiring an additional 18,505 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its position in shares of Global X Cybersecurity ETF by 2.7% during the 4th quarter. Kestra Advisory Services LLC now owns 213,025 shares of the company’s stock valued at $6,489,000 after acquiring an additional 5,534 shares in the last quarter.

Global X Cybersecurity ETF Price Performance

Shares of BUG opened at $35.52 on Monday. The stock has a market capitalization of $1.17 billion, a PE ratio of 37.03 and a beta of 0.89. The business’s fifty day moving average price is $31.98 and its 200 day moving average price is $29.38. Global X Cybersecurity ETF has a 12-month low of $23.15 and a 12-month high of $38.74.

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.