Sterling Investment Counsel LLC Buys New Holdings in Global X Cybersecurity ETF $BUG

Sterling Investment Counsel LLC bought a new position in Global X Cybersecurity ETF (NASDAQ:BUG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 27,251 shares of the company’s stock, valued at approximately $1,258,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BUG. Triumph Capital Management bought a new stake in Global X Cybersecurity ETF during the 3rd quarter valued at $38,000. Geneos Wealth Management Inc. bought a new stake in Global X Cybersecurity ETF in the 1st quarter worth $35,000. TigerOak Management L.L.C. grew its holdings in Global X Cybersecurity ETF by 1.7% in the 1st quarter. TigerOak Management L.L.C. now owns 98,784 shares of the company’s stock worth $2,480,000 after acquiring an additional 1,612 shares during the last quarter. Optiver Holding B.V. bought a new position in shares of Global X Cybersecurity ETF during the first quarter valued at about $50,000. Finally, Western Wealth Management LLC bought a new position in shares of Global X Cybersecurity ETF during the first quarter valued at about $51,000.

Global X Cybersecurity ETF Stock Up 1.2%

Shares of Global X Cybersecurity ETF stock traded up $0.53 during trading on Monday, reaching $44.87. 1,010,600 shares of the stock were exchanged, compared to its average volume of 1,218,487. The stock’s fifty day moving average is $44.11 and its 200 day moving average is $37.37. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 37.03 and a beta of 0.87. Global X Cybersecurity ETF has a 1 year low of $23.15 and a 1 year high of $50.58.

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.