Flow Traders U.S. LLC Sells 59,992 Shares of Global X Cloud Computing ETF (NASDAQ:CLOU)

Flow Traders U.S. LLC reduced its stake in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 54.9% in the third quarter, according to its most recent filing with the SEC. The fund owned 49,286 shares of the company’s stock after selling 59,992 shares during the period. Flow Traders U.S. LLC owned approximately 0.32% of Global X Cloud Computing ETF worth $1,013,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CLOU. Mirae Asset Global Investments Co. Ltd. lifted its stake in Global X Cloud Computing ETF by 61.2% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 196,512 shares of the company’s stock worth $4,050,000 after purchasing an additional 74,631 shares during the last quarter. CWM LLC lifted its position in Global X Cloud Computing ETF by 8.0% in the 3rd quarter. CWM LLC now owns 39,910 shares of the company’s stock worth $820,000 after buying an additional 2,971 shares during the last quarter. Dynamic Advisor Solutions LLC purchased a new stake in Global X Cloud Computing ETF in the third quarter worth approximately $954,000. Sanctuary Advisors LLC purchased a new stake in Global X Cloud Computing ETF in the second quarter worth approximately $410,000. Finally, Cetera Investment Advisers grew its position in Global X Cloud Computing ETF by 8.1% during the second quarter. Cetera Investment Advisers now owns 95,108 shares of the company’s stock valued at $1,870,000 after acquiring an additional 7,129 shares during the last quarter.

Global X Cloud Computing ETF Stock Performance

Shares of CLOU opened at $24.75 on Tuesday. Global X Cloud Computing ETF has a fifty-two week low of $17.79 and a fifty-two week high of $25.12. The firm has a market cap of $384.37 million, a price-to-earnings ratio of 46.16 and a beta of 0.98. The firm has a 50 day moving average price of $21.83 and a 200-day moving average price of $20.41.

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.