Cetera Investment Advisers has significantly increased its investment in the Global X Cloud Computing ETF (NASDAQ:CLOU). According to the latest 13F filing with the Securities and Exchange Commission, Cetera boosted its holdings by 126.3% in the first quarter. The firm now owns 87,979 shares, up by 49,103 shares, valued at approximately $1,914,000, representing 0.38% of the ETF.

Other institutional investors have also adjusted their positions in the ETF. Assetmark Inc. increased its stake by 96.4% in the fourth quarter, now holding 13,375 shares worth $303,000. Beacon Pointe Advisors LLC raised its holdings by 48.7% in the same period, now owning 65,385 shares valued at $1,482,000. CWM LLC also increased its position by 96.1%, now holding 20,311 shares worth $460,000. Additionally, International Assets Investment Management LLC and Centaurus Financial Inc. acquired new stakes in the ETF, valued at $1,670,000 and $173,000, respectively.

Global X Cloud Computing ETF Performance

The ETF opened at $18.73 on Tuesday. It has a 50-day moving average of $19.48 and a 200-day moving average of $20.65. Over the past year, the ETF's price has ranged from a low of $17.26 to a high of $23.67. The fund has a market capitalization of $376.66 million, a price-to-earnings ratio of 46.16, and a beta of 0.98.