Global X Cloud Computing ETF (NASDAQ:CLOU – Get Free Report)’s share price was up 5% during trading on Friday . The stock traded as high as $22.18 and last traded at $22.17. Approximately 394,248 shares traded hands during trading, an increase of 58% from the average daily volume of 249,309 shares. The stock had previously closed at $21.12.
Global X Cloud Computing ETF Stock Up 5.0%
The company has a market capitalization of $238.55 million, a PE ratio of 36.94 and a beta of 1.08. The firm has a 50-day moving average of $22.16 and a two-hundred day moving average of $21.16.
Hedge Funds Weigh In On Global X Cloud Computing ETF
Several institutional investors have recently made changes to their positions in CLOU. EFG International AG acquired a new position in shares of Global X Cloud Computing ETF in the 4th quarter valued at $1,541,000. Insight Advisors LLC PA grew its position in Global X Cloud Computing ETF by 202.9% during the fourth quarter. Insight Advisors LLC PA now owns 22,019 shares of the company’s stock valued at $498,000 after buying an additional 43,427 shares during the period. Jane Street Group LLC acquired a new stake in Global X Cloud Computing ETF during the second quarter valued at $736,000. UBS Group AG grew its position in Global X Cloud Computing ETF by 4.6% during the third quarter. UBS Group AG now owns 633,766 shares of the company’s stock valued at $14,741,000 after buying an additional 27,686 shares during the period. Finally, Osaic Holdings Inc. increased its holdings in Global X Cloud Computing ETF by 90.3% in the second quarter. Osaic Holdings Inc. now owns 44,209 shares of the company’s stock valued at $1,030,000 after buying an additional 20,976 shares in the last quarter.
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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