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

First Interstate Bank acquired a new stake in Global X Cybersecurity ETF (NASDAQ:BUG) in the 1st quarter, Holdings Channel reports. The firm acquired 152,851 shares of the company’s stock, valued at approximately $3,838,000.

A number of other institutional investors also recently modified their holdings of the stock. Moss Adams Wealth Advisors LLC boosted its stake in 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 acquiring an additional 62,177 shares in the last quarter. Raymond James Financial Inc. increased its stake in Global X Cybersecurity ETF by 1.5% in the second quarter. Raymond James Financial Inc. now owns 398,117 shares of the company’s stock valued at $14,770,000 after purchasing an additional 5,710 shares in the last quarter. Bank of America Corp DE increased its stake in Global X Cybersecurity ETF by 3.4% in the third quarter. Bank of America Corp DE now owns 320,745 shares of the company’s stock valued at $11,287,000 after purchasing an additional 10,496 shares in the last quarter. Capital Asset Advisory Services LLC acquired a new position in shares of Global X Cybersecurity ETF during the first quarter valued at about $7,474,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of 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 valued at $7,999,000 after purchasing an additional 18,505 shares during the period.

Global X Cybersecurity ETF Price Performance

BUG stock opened at $39.67 on Thursday. The company’s 50-day moving average is $34.00 and its 200-day moving average is $29.80. The stock has a market capitalization of $1.24 billion, a PE ratio of 37.03 and a beta of 0.88. Global X Cybersecurity ETF has a 1 year low of $23.15 and a 1 year high of $41.42.

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.