HighTower Advisors LLC Boosts Holdings in Global X Cloud Computing ETF (NASDAQ:CLOU)

HighTower Advisors LLC increased its holdings in Global X Cloud Computing ETF (NASDAQ:CLOU) by 13.5% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,582 shares of the company’s stock after purchasing an additional 1,496 shares during the period. HighTower Advisors LLC’s holdings in Global X Cloud Computing ETF were worth $257,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CLOU. International Assets Investment Management LLC purchased a new position in shares of Global X Cloud Computing ETF during the second quarter valued at approximately $53,000. Sanctuary Advisors LLC bought a new stake in Global X Cloud Computing ETF in the second quarter valued at $410,000. CWM LLC increased its position in Global X Cloud Computing ETF by 8.0% during the 3rd quarter. CWM LLC now owns 39,910 shares of the company’s stock valued at $820,000 after purchasing an additional 2,971 shares during the period. Dynamic Advisor Solutions LLC bought a new position in Global X Cloud Computing ETF in the 3rd quarter worth $954,000. Finally, Cetera Investment Advisers lifted its position in shares of Global X Cloud Computing ETF by 8.1% in the 2nd quarter. Cetera Investment Advisers now owns 95,108 shares of the company’s stock worth $1,870,000 after purchasing an additional 7,129 shares during the period.

Global X Cloud Computing ETF Stock Performance

CLOU stock opened at $24.63 on Wednesday. Global X Cloud Computing ETF has a fifty-two week low of $17.79 and a fifty-two week high of $25.93. The company has a market capitalization of $382.50 million, a price-to-earnings ratio of 46.16 and a beta of 0.98. The business’s 50 day moving average price is $23.20 and its two-hundred day moving average price is $20.96.

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.