Jane Street Group Boosts Stake in Cloud Computing ETF [Video]

Jane Street Group makes Major Bet on Cloud Computing wiht CLOU ETF

New York, NY – Jane Street Group LLC, a prominent quantitative trading firm, has made a notable investment in the future of cloud computing, substantially increasing its stake in the Global X Cloud Computing ETF (CLOU) during the third quarter.

The firm’s latest filing with the Securities & Exchange Commission reveals a staggering 262.1% increase in its CLOU holdings. This move saw Jane Street Group acquire an additional 71,953 shares, bringing its total holdings to 99,402 shares, valued at approximately $2.04 million. This represents roughly 0.64% ownership of the ETF.

“Jane Street Group’s substantial increase in CLOU shares signals a strong belief in the continued growth and potential of the cloud computing sector,” said financial analyst Sarah Jones. “This move is highly likely driven by the firm’s sophisticated algorithms identifying CLOU as a promising investment opportunity.”

Jane Street Group wasn’t alone in its …