HighTower Advisors LLC Raises Stake in Global X Cloud Computing ETF (NASDAQ:CLOU)

HighTower Advisors LLC lifted its position in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 11.9% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 14,079 shares of the company’s stock after buying an additional 1,497 shares during the period. HighTower Advisors LLC’s holdings in Global X Cloud Computing ETF were worth $337,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Independent Advisor Alliance acquired a new position in Global X Cloud Computing ETF in the 4th quarter valued at $1,661,000. Raymond James Financial Inc. purchased a new stake in shares of Global X Cloud Computing ETF in the fourth quarter valued at $1,370,000. SBI Securities Co. Ltd. purchased a new stake in shares of Global X Cloud Computing ETF in the fourth quarter valued at $141,000. Jones Financial Companies Lllp increased its stake in Global X Cloud Computing ETF by 14.5% in the fourth quarter. Jones Financial Companies Lllp now owns 16,622 shares of the company’s stock valued at $398,000 after purchasing an additional 2,099 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its position in Global X Cloud Computing ETF by 10.2% during the fourth quarter. Sanctuary Advisors LLC now owns 20,900 shares of the company’s stock worth $538,000 after buying an additional 1,928 shares during the period.

Global X Cloud Computing ETF Price Performance

CLOU opened at $21.16 on Wednesday. Global X Cloud Computing ETF has a 12 month low of $17.79 and a 12 month high of $26.39. The business has a 50-day moving average of $23.83 and a two-hundred day moving average of $23.15. The stock has a market capitalization of $308.30 million, a price-to-earnings ratio of 35.18 and a beta of 0.98.

Global X Cloud Computing ETF 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.