PNC Financial Services Group Inc. Lowers Position in Global X Cybersecurity ETF (NASDAQ:BUG)

PNC Financial Services Group Inc. trimmed its position in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 80.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,382 shares of the company’s stock after selling 332,364 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Global X Cybersecurity ETF were worth $2,488,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in BUG. Intrepid Financial Planning Group LLC increased its holdings in Global X Cybersecurity ETF by 3.4% in the second quarter. Intrepid Financial Planning Group LLC now owns 12,448 shares of the company’s stock valued at $368,000 after buying an additional 411 shares in the last quarter. Greystone Financial Group LLC increased its stake in shares of Global X Cybersecurity ETF by 3.8% in the 2nd quarter. Greystone Financial Group LLC now owns 11,430 shares of the company’s stock valued at $338,000 after purchasing an additional 420 shares in the last quarter. WealthBridge Investment Counsel Inc. raised its holdings in Global X Cybersecurity ETF by 0.5% in the 3rd quarter. WealthBridge Investment Counsel Inc. now owns 96,400 shares of the company’s stock worth $2,984,000 after purchasing an additional 500 shares during the period. Aptus Capital Advisors LLC boosted its position in Global X Cybersecurity ETF by 107.4% during the second quarter. Aptus Capital Advisors LLC now owns 1,091 shares of the company’s stock worth $32,000 after purchasing an additional 565 shares in the last quarter. Finally, Advisors Management Group Inc. ADV grew its holdings in Global X Cybersecurity ETF by 2.5% in the second quarter. Advisors Management Group Inc. ADV now owns 25,447 shares of the company’s stock valued at $753,000 after purchasing an additional 620 shares during the period.

Global X Cybersecurity ETF Price Performance

Global X Cybersecurity ETF stock opened at $33.38 on Tuesday. Global X Cybersecurity ETF has a 12 month low of $25.94 and a 12 month high of $34.16. The stock has a market capitalization of $809.13 million, a PE ratio of 29.10 and a beta of 0.86. The business has a 50 day simple moving average of $31.55 and a 200-day simple moving average of $30.08.

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.