Mirae Asset Global Investments Co. Ltd. Grows Stake in Global X Cloud Computing ETF (NASDAQ:CLOU)

Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 61.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 196,512 shares of the company’s stock after purchasing an additional 74,631 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 1.21% of Global X Cloud Computing ETF worth $4,050,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. CWM LLC grew its position in shares of Global X Cloud Computing ETF by 8.0% during the third quarter. CWM LLC now owns 39,910 shares of the company’s stock worth $820,000 after purchasing an additional 2,971 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Global X Cloud Computing ETF by 126.3% during the first quarter. Cetera Investment Advisers now owns 87,979 shares of the company’s stock worth $1,914,000 after purchasing an additional 49,103 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in shares of Global X Cloud Computing ETF by 11.0% during the second quarter. Oppenheimer & Co. Inc. now owns 148,840 shares of the company’s stock worth $2,926,000 after purchasing an additional 14,775 shares in the last quarter. Jane Street Group LLC grew its holdings in Global X Cloud Computing ETF by 773.8% during the 1st quarter. Jane Street Group LLC now owns 430,259 shares of the company’s stock valued at $9,358,000 after buying an additional 381,021 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in Global X Cloud Computing ETF during the 2nd quarter valued at approximately $410,000.

Global X Cloud Computing ETF Price Performance

NASDAQ CLOU opened at $21.03 on Wednesday. The stock has a market capitalization of $331.85 million, a PE ratio of 46.16 and a beta of 0.98. The business has a 50 day simple moving average of $20.25 and a two-hundred day simple moving average of $19.94. Global X Cloud Computing ETF has a 1-year low of $17.26 and a 1-year high of $23.67.

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.