Northwestern Mutual Wealth Management Co. Sells 704 Shares of Global X Cloud Computing ETF (NASDAQ:CLOU)

Northwestern Mutual Wealth Management Co. lowered its stake in Global X Cloud Computing ETF (NASDAQ:CLOU) by 17.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,219 shares of the company’s stock after selling 704 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Global X Cloud Computing ETF were worth $63,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. International Assets Investment Management LLC bought a new position in shares of Global X Cloud Computing ETF in the second quarter worth approximately $53,000. Centaurus Financial Inc. bought a new position in Global X Cloud Computing ETF in the 4th quarter worth $173,000. Global Assets Advisory LLC purchased a new stake in Global X Cloud Computing ETF in the 1st quarter worth $331,000. Cetera Advisors LLC raised its holdings in Global X Cloud Computing ETF by 61.0% during the first quarter. Cetera Advisors LLC now owns 21,239 shares of the company’s stock valued at $462,000 after acquiring an additional 8,043 shares during the period. Finally, Perigon Wealth Management LLC lifted its position in shares of Global X Cloud Computing ETF by 16.1% in the first quarter. Perigon Wealth Management LLC now owns 25,112 shares of the company’s stock valued at $546,000 after acquiring an additional 3,476 shares in the last quarter.

Global X Cloud Computing ETF Stock Up 0.6 %

NASDAQ CLOU opened at $21.01 on Friday. Global X Cloud Computing ETF has a twelve month low of $17.26 and a twelve month high of $23.67. The business has a 50-day moving average price of $19.82 and a 200-day moving average price of $20.00. The firm has a market cap of $358.64 million, a price-to-earnings 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.