Global X Cloud Computing ETF (NASDAQ:CLOU – Get Free Report)’s share price was down 3.7% during trading on Friday . The stock traded as low as $23.73 and last traded at $23.88. Approximately 395,000 shares traded hands during trading, an increase of 60% from the average daily volume of 246,207 shares. The stock had previously closed at $24.80.
Global X Cloud Computing ETF Stock Performance
The firm has a market cap of $256.95 million, a P/E ratio of 36.94 and a beta of 1.08. The company has a 50-day moving average of $21.22 and a 200 day moving average of $21.19.
Institutional Investors Weigh In On Global X Cloud Computing ETF
Several hedge funds and other institutional investors have recently made changes to their positions in CLOU. Founders Financial Alliance LLC acquired a new stake in shares of Global X Cloud Computing ETF in the 3rd quarter valued at $29,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Global X Cloud Computing ETF during the 4th quarter valued at about $32,000. International Assets Investment Management LLC acquired a new position in Global X Cloud Computing ETF during the 4th quarter valued at about $54,000. Advisory Services Network LLC acquired a new position in Global X Cloud Computing ETF during the 3rd quarter valued at about $65,000. Finally, Triumph Capital Management acquired a new position in Global X Cloud Computing ETF during the 3rd quarter valued at about $74,000.
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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