WealthBridge Investment Counsel Inc. Cuts Stock Position in Global X Cybersecurity ETF (NASDAQ:BUG)

WealthBridge Investment Counsel Inc. trimmed its position in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 0.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 95,400 shares of the company’s stock after selling 900 shares during the quarter. WealthBridge Investment Counsel Inc. owned about 0.37% of Global X Cybersecurity ETF worth $2,838,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BUG. CWM LLC lifted its position in Global X Cybersecurity ETF by 19.2% during the fourth quarter. CWM LLC now owns 2,486 shares of the company’s stock valued at $73,000 after purchasing an additional 400 shares during the period. Pinnacle Wealth Management Group Inc. grew its holdings in shares of Global X Cybersecurity ETF by 0.8% in the fourth quarter. Pinnacle Wealth Management Group Inc. now owns 68,812 shares of the company’s stock worth $2,017,000 after acquiring an additional 518 shares during the period. NCM Capital Management LLC boosted its position in Global X Cybersecurity ETF by 3.1% in the fourth quarter. NCM Capital Management LLC now owns 22,633 shares of the company’s stock worth $663,000 after purchasing an additional 675 shares during the last quarter. L.M. Kohn & Company grew its stake in shares of Global X Cybersecurity ETF by 8.9% during the 4th quarter. L.M. Kohn & Company now owns 11,338 shares of the company’s stock valued at $332,000 after purchasing an additional 926 shares during the period. Finally, Phoenix Wealth Advisors lifted its stake in shares of Global X Cybersecurity ETF by 6.3% in the 4th quarter. Phoenix Wealth Advisors now owns 19,266 shares of the company’s stock worth $550,000 after purchasing an additional 1,142 shares during the period.

Global X Cybersecurity ETF Trading Up 0.1 %

BUG stock traded up $0.04 during midday trading on Thursday, reaching $29.69. 206,955 shares of the company’s stock traded hands, compared to its average volume of 207,263. The stock’s 50-day moving average is $28.73 and its 200 day moving average is $29.35. The stock has a market cap of $806.08 million, a P/E ratio of 29.10 and a beta of 0.86. Global X Cybersecurity ETF has a 52-week low of $22.50 and a 52-week high of $31.78.

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.