Raymond James Financial Inc. Makes New $11.12 Million Investment in Global X Cybersecurity ETF (NASDAQ:BUG)

Raymond James Financial Inc. purchased a new position in shares of Global X Cybersecurity ETF (NASDAQ:BUG) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 346,382 shares of the company’s stock, valued at approximately $11,115,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Moss Adams Wealth Advisors LLC boosted its position in Global X Cybersecurity ETF by 0.6% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 1,357,693 shares of the company’s stock worth $43,601,000 after acquiring an additional 7,592 shares during the last quarter. Granite Bay Wealth Management LLC grew its stake in shares of Global X Cybersecurity ETF by 0.9% in the fourth quarter. Granite Bay Wealth Management LLC now owns 343,069 shares of the company’s stock valued at $11,009,000 after buying an additional 3,070 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of 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 purchasing an additional 123,807 shares in the last quarter. Merit Financial Group LLC acquired a new position in Global X Cybersecurity ETF in the 4th quarter worth $5,131,000. Finally, TigerOak Management L.L.C. acquired a new stake in Global X Cybersecurity ETF during the 4th quarter valued at approximately $3,113,000.

Global X Cybersecurity ETF Price Performance

Shares of BUG stock opened at $33.41 on Friday. The firm has a fifty day moving average of $33.93 and a two-hundred day moving average of $32.60. Global X Cybersecurity ETF has a 1-year low of $26.03 and a 1-year high of $36.81. The firm has a market cap of $837.59 million, a P/E ratio of 31.16 and a beta of 0.86.

Global X Cybersecurity ETF Dividend Announcement

The business 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.

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.