Oppenheimer & Co. Inc. Buys 14,775 Shares of Global X Cloud Computing ETF (NASDAQ:CLOU)

Oppenheimer & Co. Inc. raised its stake in Global X Cloud Computing ETF (NASDAQ:CLOU) by 11.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 148,840 shares of the company’s stock after purchasing an additional 14,775 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Global X Cloud Computing ETF were worth $2,926,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in CLOU. International Assets Investment Management LLC bought a new position in shares of Global X Cloud Computing ETF during the 2nd quarter valued at $53,000. Centaurus Financial Inc. bought a new position in shares of Global X Cloud Computing ETF during the 4th quarter valued at $173,000. James J. Burns & Company LLC bought a new position in shares of Global X Cloud Computing ETF during the 4th quarter valued at $208,000. Assetmark Inc. grew its holdings in shares of Global X Cloud Computing ETF by 96.4% during the 4th quarter. Assetmark Inc. now owns 13,375 shares of the company’s stock valued at $303,000 after purchasing an additional 6,565 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of Global X Cloud Computing ETF by 436.1% during the 4th quarter. BNP Paribas Financial Markets now owns 13,848 shares of the company’s stock valued at $314,000 after purchasing an additional 11,265 shares during the last quarter.

Global X Cloud Computing ETF Stock Performance

CLOU stock opened at $19.89 on Monday. Global X Cloud Computing ETF has a 52 week low of $17.26 and a 52 week high of $23.67. The firm’s fifty day moving average is $19.60 and its 200 day moving average is $20.19. The firm has a market cap of $399.99 million, a P/E ratio of 46.16 and a beta of 0.98.

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.