Independent Advisor Alliance Buys Shares of 18,224 Global X Cybersecurity ETF (NASDAQ:BUG)

Independent Advisor Alliance bought a new stake in Global X Cybersecurity ETF (NASDAQ:BUG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 18,224 shares of the company’s stock, valued at approximately $585,000. Independent Advisor Alliance owned approximately 0.07% of Global X Cybersecurity ETF as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Moss Adams Wealth Advisors LLC raised its position in shares of Global X Cybersecurity ETF by 0.6% in the 4th quarter. Moss Adams Wealth Advisors LLC now owns 1,357,693 shares of the company’s stock valued at $43,601,000 after purchasing an additional 7,592 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Global X Cybersecurity ETF during the fourth quarter valued at approximately $11,115,000. Granite Bay Wealth Management LLC raised its stake in Global X Cybersecurity ETF by 0.9% during the fourth quarter. Granite Bay Wealth Management LLC now owns 343,069 shares of the company’s stock worth $11,009,000 after acquiring an additional 3,070 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in Global X Cybersecurity ETF by 61.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 326,606 shares of the company’s stock worth $10,550,000 after acquiring an additional 123,807 shares during the period. Finally, Merit Financial Group LLC acquired a new stake in Global X Cybersecurity ETF during the fourth quarter worth about $5,131,000.

Global X Cybersecurity ETF Stock Up 3.1 %

BUG opened at $32.67 on Monday. The firm has a market cap of $819.04 million, a price-to-earnings ratio of 34.24 and a beta of 0.86. Global X Cybersecurity ETF has a fifty-two week low of $26.03 and a fifty-two week high of $36.81. The company’s 50-day moving average price is $33.82 and its 200 day moving average price is $32.55.

Global X Cybersecurity ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were paid a dividend of $0.0305 per share. The ex-dividend date of this dividend was Monday, December 30th.

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.