Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Global X Cloud Computing ETF (NASDAQ:CLOU – Free Report) by 4.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 379,197 shares of the company’s stock after purchasing an additional 17,316 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Global X Cloud Computing ETF were worth $8,593,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. grew its position in Global X Cloud Computing ETF by 538.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 312,509 shares of the company’s stock worth $7,081,000 after purchasing an additional 263,555 shares in the last quarter. Assetmark Inc. purchased a new position in Global X Cloud Computing ETF during the 3rd quarter worth approximately $128,000. Lincoln National Corp purchased a new position in Global X Cloud Computing ETF during the 3rd quarter worth approximately $208,000. Raymond James & Associates grew its position in Global X Cloud Computing ETF by 2.5% during the 3rd quarter. Raymond James & Associates now owns 35,924 shares of the company’s stock worth $676,000 after purchasing an additional 874 shares in the last quarter. Finally, Stratos Wealth Partners LTD. purchased a new position in Global X Cloud Computing ETF during the 3rd quarter worth approximately $325,000.
Global X Cloud Computing ETF Stock Performance
NASDAQ CLOU opened at $20.91 on Friday. Global X Cloud Computing ETF has a twelve month low of $16.00 and a twelve month high of $23.67. The stock has a market cap of $572.52 million, a price-to-earnings ratio of 45.54 and a beta of 0.98. The firm’s 50 day moving average price is $21.89 and its two-hundred day moving average price is $21.00.
Global X Cloud Computing ETF Company 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.
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Wanda Parisien is a computing expert who navigates the vast landscape of hardware and software. With a focus on computer technology, software development, and industry trends, Wanda delivers informative content, tutorials, and analyses to keep readers updated on the latest in the world of computing.
