Pinnacle Wealth Management Group Inc. Acquires 1,090 Shares of Global X Cybersecurity ETF (NASDAQ:BUG)

Pinnacle Wealth Management Group Inc. grew its stake in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 1.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 81,333 shares of the company’s stock after buying an additional 1,090 shares during the quarter. Global X Cybersecurity ETF makes up 1.6% of Pinnacle Wealth Management Group Inc.’s holdings, making the stock its 21st biggest holding. Pinnacle Wealth Management Group Inc.’s holdings in Global X Cybersecurity ETF were worth $2,610,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of BUG. Private Advisor Group LLC lifted its holdings in Global X Cybersecurity ETF by 45.8% during the 2nd quarter. Private Advisor Group LLC now owns 24,331 shares of the company’s stock worth $720,000 after buying an additional 7,640 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in shares of Global X Cybersecurity ETF in the 2nd quarter valued at $59,000. Intrepid Financial Planning Group LLC increased its stake in Global X Cybersecurity ETF by 3.4% in the second quarter. Intrepid Financial Planning Group LLC now owns 12,448 shares of the company’s stock valued at $368,000 after purchasing an additional 411 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Global X Cybersecurity ETF by 16.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 84,884 shares of the company’s stock worth $2,511,000 after buying an additional 12,294 shares during the period. Finally, Granite Bay Wealth Management LLC acquired a new position in shares of Global X Cybersecurity ETF during the second quarter worth approximately $8,858,000.

Global X Cybersecurity ETF Price Performance

BUG opened at $31.56 on Tuesday. The firm has a market capitalization of $786.48 million, a PE ratio of 29.10 and a beta of 0.86. Global X Cybersecurity ETF has a fifty-two week low of $26.03 and a fifty-two week high of $34.92. The company’s 50-day moving average is $32.99 and its 200 day moving average is $31.16.

Global X Cybersecurity ETF Dividend Announcement

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

Global X Cybersecurity ETF Profile

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.