West Branch Capital LLC Invests $162,000 in Global X Cybersecurity ETF (NASDAQ:BUG)

West Branch Capital LLC purchased a new position in Global X Cybersecurity ETF (NASDAQ:BUG) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,000 shares of the company’s stock, valued at approximately $162,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. TigerOak Management L.L.C. acquired a new stake in Global X Cybersecurity ETF during the fourth quarter worth about $3,113,000. Allworth Financial LP acquired a new stake in Global X Cybersecurity ETF during the fourth quarter worth about $171,000. Sanctuary Advisors LLC acquired a new stake in Global X Cybersecurity ETF during the fourth quarter worth about $252,000. Atria Wealth Solutions Inc. acquired a new stake in Global X Cybersecurity ETF during the fourth quarter worth about $203,000. Finally, Global Retirement Partners LLC increased its position in Global X Cybersecurity ETF by 99.3% during the fourth quarter. Global Retirement Partners LLC now owns 811 shares of the company’s stock worth $26,000 after purchasing an additional 404 shares during the last quarter.

Global X Cybersecurity ETF Trading Down 1.0%

Global X Cybersecurity ETF stock opened at $35.70 on Friday. Global X Cybersecurity ETF has a 12-month low of $26.03 and a 12-month high of $36.81. The stock has a market cap of $1.07 billion, a P/E ratio of 30.43 and a beta of 0.86. The company has a 50-day moving average price of $34.05 and a 200 day moving average price of $33.66.

Global X Cybersecurity ETF Company 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.