Insight Wealth Strategies LLC Makes New $8.52 Million Investment in Global X Cybersecurity ETF $BUG

Insight Wealth Strategies LLC acquired a new stake in shares of Global X Cybersecurity ETF (NASDAQ:BUG) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 184,479 shares of the company’s stock, valued at approximately $8,519,000.

A number of other large investors also recently modified their holdings of BUG. Bank of America Corp DE lifted its position in shares of Global X Cybersecurity ETF by 17.0% in the first quarter. Bank of America Corp DE now owns 301,424 shares of the company’s stock valued at $7,569,000 after acquiring an additional 43,763 shares in the last quarter. IMC Chicago LLC bought a new stake in Global X Cybersecurity ETF during the 1st quarter valued at approximately $1,891,000. Cassady Wealth & Retirement Planning LLC lifted its holdings in Global X Cybersecurity ETF by 48.6% in the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 70,157 shares of the company’s stock worth $1,863,000 after purchasing an additional 22,943 shares in the last quarter. Hamilton Wealth LLC purchased a new position in Global X Cybersecurity ETF in the 1st quarter worth approximately $744,000. Finally, First Interstate Bank bought a new position in Global X Cybersecurity ETF in the 1st quarter worth approximately $3,838,000.

Global X Cybersecurity ETF Stock Performance

BUG traded up $1.61 during trading on Friday, reaching $49.55. 989,753 shares of the company traded hands, compared to its average volume of 1,199,647. The company has a market cap of $2.28 billion, a P/E ratio of 37.03 and a beta of 0.87. Global X Cybersecurity ETF has a 12-month low of $23.15 and a 12-month high of $49.62. The firm has a fifty day simple moving average of $43.22 and a 200 day simple moving average of $36.28.

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.