Macroview Investment Management LLC cut its stake in Global X Cloud Computing ETF (NASDAQ:CLOU – Free Report) by 15.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 12,306 shares of the company’s stock after selling 2,332 shares during the quarter. Macroview Investment Management LLC’s holdings in Global X Cloud Computing ETF were worth $253,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in Global X Cloud Computing ETF in the 2nd quarter valued at $53,000. Global Assets Advisory LLC acquired a new position in Global X Cloud Computing ETF in the 1st quarter worth about $331,000. Sanctuary Advisors LLC acquired a new position in Global X Cloud Computing ETF in the 2nd quarter worth about $410,000. Cetera Advisors LLC increased its holdings in Global X Cloud Computing ETF by 61.0% in the 1st quarter. Cetera Advisors LLC now owns 21,239 shares of the company’s stock worth $462,000 after purchasing an additional 8,043 shares in the last quarter. Finally, Perigon Wealth Management LLC increased its holdings in Global X Cloud Computing ETF by 16.1% in the 1st quarter. Perigon Wealth Management LLC now owns 25,112 shares of the company’s stock worth $546,000 after purchasing an additional 3,476 shares in the last quarter.
Global X Cloud Computing ETF Stock Down 0.8 %
Shares of CLOU opened at $20.80 on Wednesday. Global X Cloud Computing ETF has a 12-month low of $17.26 and a 12-month high of $23.67. The business has a 50-day simple moving average of $20.14 and a two-hundred day simple moving average of $19.96. The stock has a market cap of $338.21 million, a PE ratio of 46.16 and a beta of 0.98.
About Global X Cloud Computing ETF
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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