Daiwa Securities Group Inc. Lowers Stake in Global X Cloud Computing ETF (NASDAQ:CLOU)

Daiwa Securities Group Inc. lowered its stake in shares of Global X Cloud Computing ETF (NASDAQ:CLOU) by 50.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 100,000 shares of the company’s stock after selling 100,000 shares during the quarter. Daiwa Securities Group Inc. owned 0.69% of Global X Cloud Computing ETF worth $2,396,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in CLOU. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Global X Cloud Computing ETF by 16.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 229,725 shares of the company’s stock valued at $5,548,000 after purchasing an additional 33,213 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Global X Cloud Computing ETF by 262.1% during the 3rd quarter. Jane Street Group LLC now owns 99,402 shares of the company’s stock valued at $2,043,000 after purchasing an additional 71,953 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Global X Cloud Computing ETF during the 4th quarter valued at $1,370,000. Sanctuary Advisors LLC grew its holdings in shares of Global X Cloud Computing ETF by 10.2% during the 4th quarter. Sanctuary Advisors LLC now owns 20,900 shares of the company’s stock valued at $538,000 after purchasing an additional 1,928 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of Global X Cloud Computing ETF by 14.5% during the 4th quarter. Jones Financial Companies Lllp now owns 16,622 shares of the company’s stock valued at $398,000 after purchasing an additional 2,099 shares during the last quarter.

Global X Cloud Computing ETF Stock Performance

CLOU stock opened at $21.76 on Friday. Global X Cloud Computing ETF has a 52 week low of $17.79 and a 52 week high of $26.39. The firm’s fifty day moving average is $24.36 and its 200 day moving average is $22.92. The firm has a market cap of $317.04 million, a P/E ratio of 35.19 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.