PNC Financial Services Group Inc. Sells 1,373 Shares of Global X Cloud Computing ETF (NASDAQ:CLOU)

PNC Financial Services Group Inc. decreased its position in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 5.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,415 shares of the company’s stock after selling 1,373 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Global X Cloud Computing ETF were worth $561,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in CLOU. Jane Street Group LLC grew its position in shares of Global X Cloud Computing ETF by 262.1% during the 3rd quarter. Jane Street Group LLC now owns 99,402 shares of the company’s stock worth $2,043,000 after buying an additional 71,953 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Global X Cloud Computing ETF during the 4th quarter worth $1,370,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Global X Cloud Computing ETF by 16.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,725 shares of the company’s stock worth $5,548,000 after purchasing an additional 33,213 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Global X Cloud Computing ETF during the 4th quarter worth $334,000. Finally, James J. Burns & Company LLC purchased a new stake in shares of Global X Cloud Computing ETF during the 4th quarter worth $222,000.

Global X Cloud Computing ETF Price Performance

Shares of NASDAQ CLOU opened at $21.90 on Wednesday. The stock has a market capitalization of $322.81 million, a P/E ratio of 35.18 and a beta of 1.11. Global X Cloud Computing ETF has a 1-year low of $17.79 and a 1-year high of $26.39. The business has a fifty day moving average price of $24.27 and a 200 day moving average price of $22.98.

Global X Cloud Computing ETF Profile

The Global X Cloud Computing ETF (CLOU) is an exchange-traded fund that is based on the Indxx Global Cloud Computing index. The fund provides exposure to a market-cap weighted global equity index of companies involved in the cloud computing industry. CLOU was launched on Apr 12, 2019 and is managed by Global X.