Archford Capital Strategies LLC lowered its position in shares of Global X Cloud Computing ETF (NASDAQ:CLOU – Free Report) by 62.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 11,786 shares of the company’s stock after selling 19,715 shares during the quarter. Archford Capital Strategies LLC’s holdings in Global X Cloud Computing ETF were worth $282,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the stock. HighTower Advisors LLC lifted its stake in Global X Cloud Computing ETF by 13.5% during the third quarter. HighTower Advisors LLC now owns 12,582 shares of the company’s stock worth $257,000 after purchasing an additional 1,496 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Global X Cloud Computing ETF during the fourth quarter worth about $334,000. Sanctuary Advisors LLC purchased a new position in shares of Global X Cloud Computing ETF during the second quarter worth about $410,000. CWM LLC grew its holdings 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 buying an additional 2,971 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC purchased a new position in shares of Global X Cloud Computing ETF during the third quarter worth about $954,000.
Global X Cloud Computing ETF Stock Up 1.1 %
NASDAQ CLOU opened at $25.13 on Monday. Global X Cloud Computing ETF has a 52-week low of $17.79 and a 52-week high of $25.93. The business’s 50-day moving average price is $24.47 and its 200 day moving average price is $21.76. The firm has a market cap of $366.14 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.
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