TigerOak Management L.L.C. Acquires New Shares in Global X Cybersecurity ETF (NASDAQ:BUG)

TigerOak Management L.L.C. bought a new stake in Global X Cybersecurity ETF (NASDAQ:BUG) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 97,009 shares of the company’s stock, valued at approximately $3,113,000. Global X Cybersecurity ETF accounts for about 1.1% of TigerOak Management L.L.C.’s portfolio, making the stock its 16th largest position. TigerOak Management L.L.C. owned about 0.39% of Global X Cybersecurity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BUG. GPS Wealth Strategies Group LLC grew its stake in Global X Cybersecurity ETF by 255.7% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 1,067 shares of the company’s stock valued at $34,000 after acquiring an additional 767 shares during the period. FMR LLC grew its stake in Global X Cybersecurity ETF by 213.1% in the third quarter. FMR LLC now owns 1,221 shares of the company’s stock valued at $38,000 after acquiring an additional 831 shares during the period. Alpha Cubed Investments LLC acquired a new position in shares of Global X Cybersecurity ETF during the fourth quarter worth about $212,000. Synovus Financial Corp acquired a new position in shares of Global X Cybersecurity ETF during the third quarter worth about $223,000. Finally, Verity Asset Management Inc. acquired a new position in shares of Global X Cybersecurity ETF during the fourth quarter worth about $228,000.

Global X Cybersecurity ETF Price Performance

BUG stock opened at $36.60 on Friday. The stock has a market capitalization of $917.56 million, a P/E ratio of 29.10 and a beta of 0.86. The business has a 50-day moving average of $33.42 and a 200-day moving average of $31.90. Global X Cybersecurity ETF has a fifty-two week low of $26.03 and a fifty-two week high of $36.66.

Global X Cybersecurity ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were given 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.