TAP Consulting LLC Purchases 27,488 Shares of Global X Cybersecurity ETF (NASDAQ:BUG)

TAP Consulting LLC boosted its position in Global X Cybersecurity ETF (NASDAQ:BUG) by 17.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 181,430 shares of the company’s stock after acquiring an additional 27,488 shares during the quarter. Global X Cybersecurity ETF accounts for 1.1% of TAP Consulting LLC’s holdings, making the stock its 20th largest holding. TAP Consulting LLC owned 0.68% of Global X Cybersecurity ETF worth $5,367,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the company. Greystone Financial Group LLC increased its stake in Global X Cybersecurity ETF by 3.8% in the second quarter. Greystone Financial Group LLC now owns 11,430 shares of the company’s stock valued at $338,000 after acquiring an additional 420 shares during the last quarter. Private Advisor Group LLC grew its position in Global X Cybersecurity ETF by 45.8% during the 2nd quarter. Private Advisor Group LLC now owns 24,331 shares of the company’s stock worth $720,000 after acquiring an additional 7,640 shares during the last quarter. Aptus Capital Advisors LLC increased its holdings in Global X Cybersecurity ETF by 107.4% in the 2nd quarter. Aptus Capital Advisors LLC now owns 1,091 shares of the company’s stock worth $32,000 after purchasing an additional 565 shares in the last quarter. Advisors Management Group Inc. ADV raised its position in Global X Cybersecurity ETF by 2.5% in the second quarter. Advisors Management Group Inc. ADV now owns 25,447 shares of the company’s stock valued at $753,000 after purchasing an additional 620 shares during the last quarter. Finally, Spire Wealth Management raised its position in Global X Cybersecurity ETF by 31.8% in the second quarter. Spire Wealth Management now owns 28,167 shares of the company’s stock valued at $833,000 after purchasing an additional 6,790 shares during the last quarter.

Global X Cybersecurity ETF Price Performance

NASDAQ BUG traded down $0.67 during trading hours on Friday, reaching $28.94. The company’s stock had a trading volume of 98,407 shares, compared to its average volume of 201,841. The firm has a fifty day simple moving average of $29.68 and a 200-day simple moving average of $29.28. Global X Cybersecurity ETF has a 52 week low of $22.55 and a 52 week high of $31.78. The stock has a market cap of $773.86 million, a P/E ratio of 29.10 and a beta of 0.86.

About Global X Cybersecurity ETF

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.