Summary
CLOU Chart
Should You Invest in the Global X Cloud Computing ETF (CLOU)?
Designed to provide broad exposure to the Technology - Cloud Computing segment of the equity market, the Global X Cloud Computing ETF (CLOU) is a passively managed exchange traded fund launched on April 12, 2019.
Europe unveils tech sovereignty package amid growing concerns over reliance on U.S. tech
The proposals include a new act to bolster advanced chip manufacturing and homegrown cloud computing.
Should You Invest in the Global X Cloud Computing ETF (CLOU)?
If you're interested in broad exposure to the Technology - Cloud Computing segment of the equity market, look no further than the Global X Cloud Computing ETF (CLOU), a passively managed exchange traded fund launched on April 12, 2019.
Global X Cloud Computing ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 360 | $7,515 | $8,692.2 | $1,177.2 | 15.66% |
| RS Richard Slavik Newbridge Financial Services Group Inc. | 1,500 | $36,633 | $36,097.5 | -$535.5 | -1.46% |
 Christian Keedy Guardian Wealth Advisors LLC / Nc | 11 | $214.5 | $264.58 | $50.08 | 23.35% |
 Michael Capobianco MWA Asset Management | 8,685 | $202,015.46 | $208,874.25 | $6,858.79 | 3.4% |
 Candace Cavalier Congress Wealth Management LLC / DE / | 40,965 | $859,855.35 | $987,666.15 | $127,810.8 | 14.86% |
Global X Cloud Computing ETF (CLOU) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
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Has Global X Cloud Computing ETF ever had a stock split?
Global X Cloud Computing ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
The fund specializes in investing a significant portion of its assets into securities that are directly linked to the cloud computing industry. By focusing on companies that stand to gain from the wider adoption and continual growth of cloud technology, the fund identifies itself as an investment vehicle looking to capitalize on the digital transformation sweeping across industries worldwide. The strategy involves a heavy allocation of at least 80% of its total assets into the securities that form part of its underlying index, alongside investments in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that are based on the securities of the underlying index. This underlying index is curated to track exchange-listed companies poised for growth through cloud computing technology. The fund is characterized by its non-diversified status, indicating a focused investment approach in the technology sector, particularly in companies involved in cloud computing.
Products and Services
- Securities Investment
- American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs)
The core of the fund's investment strategy is to allocate a majority of its assets into the securities that are part of the underlying index. This index is specifically designed to track companies that are expected to benefit from the growth and increased adoption of cloud computing technology. By investing in these securities, the fund aims to provide its investors with exposure to the burgeoning cloud computing sector, capitalizing on the tech advancements and market growth.
In addition to direct securities investments, the fund expands its portfolio through investments in ADRs and GDRs. These instruments allow the fund to gain exposure to foreign companies that are actively involved in the cloud computing space, without the complexities of investing directly in foreign markets. ADRs and GDRs represent shares in foreign companies, and their inclusion in the fund’s portfolio enables a broader geographic exposure to the cloud computing trend, potentially enhancing the diversification of investments even within its non-diversified framework.
