First Interstate Bank Invests $3.84 Million in Global X Cybersecurity ETF $BUG

First Interstate Bank acquired a new position in Global X Cybersecurity ETF (NASDAQ:BUG) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 152,851 shares of the company’s stock, valued at approximately $3,838,000. First Interstate Bank owned 0.46% of Global X Cybersecurity ETF at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Moss Adams Wealth Advisors LLC lifted its position in shares of Global X Cybersecurity ETF by 4.1% in the 4th 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 period. Raymond James Financial Inc. increased its position in shares of Global X Cybersecurity ETF by 1.5% during the second quarter. Raymond James Financial Inc. now owns 398,117 shares of the company’s stock worth $14,770,000 after buying an additional 5,710 shares during the period. Bank of America Corp DE raised its stake in Global X Cybersecurity ETF by 3.4% during the third quarter. Bank of America Corp DE now owns 320,745 shares of the company’s stock worth $11,287,000 after buying an additional 10,496 shares during the last quarter. Capital Asset Advisory Services LLC bought a new position in Global X Cybersecurity ETF during the first quarter worth $7,474,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in Global X Cybersecurity ETF by 7.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 262,616 shares of the company’s stock worth $7,999,000 after buying an additional 18,505 shares during the last quarter.

Global X Cybersecurity ETF Trading Down 1.7%

Shares of Global X Cybersecurity ETF stock opened at $39.67 on Thursday. The business has a 50-day moving average price of $34.00 and a two-hundred day moving average price of $29.80. Global X Cybersecurity ETF has a 1-year low of $23.15 and a 1-year high of $41.42. The company has a market cap of $1.24 billion, a P/E ratio of 37.03 and a beta of 0.88.

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.