Flow Traders U.S. LLC Lowers Holdings in Global X Cloud Computing ETF $CLOU

Flow Traders U.S. LLC decreased its stake in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 25.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 98,564 shares of the company’s stock after selling 33,388 shares during the quarter. Flow Traders U.S. LLC’s holdings in Global X Cloud Computing ETF were worth $2,069,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Banque Cantonale Vaudoise purchased a new position in shares of Global X Cloud Computing ETF in the first quarter worth $55,000. Wood Tarver Financial Group LLC purchased a new position in shares of Global X Cloud Computing ETF in the fourth quarter worth $98,000. SBI Securities Co. Ltd. raised its stake in shares of Global X Cloud Computing ETF by 15.5% in the first quarter. SBI Securities Co. Ltd. now owns 6,781 shares of the company’s stock worth $142,000 after purchasing an additional 911 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Global X Cloud Computing ETF by 12.7% in the fourth quarter. JPMorgan Chase & Co. now owns 6,657 shares of the company’s stock worth $160,000 after purchasing an additional 749 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its stake in shares of Global X Cloud Computing ETF by 6.5% in the first quarter. Avantax Advisory Services Inc. now owns 9,894 shares of the company’s stock worth $208,000 after purchasing an additional 605 shares during the last quarter.

Global X Cloud Computing ETF Price Performance

CLOU stock opened at $22.50 on Friday. Global X Cloud Computing ETF has a 1-year low of $17.73 and a 1-year high of $26.39. The business has a fifty day moving average price of $22.79 and a 200-day moving average price of $22.53. The stock has a market capitalization of $313.65 million, a P/E ratio of 36.94 and a beta of 0.98.

Global X Cloud Computing ETF Profile

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.