Vectors Research Management LLC bought a new position in Global X Defense Tech ETF (NYSEARCA:SHLD – Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 8,399 shares of the company’s stock, valued at approximately $595,000.
Several other large investors have also recently bought and sold shares of the company. D.A. Davidson & CO. raised its holdings in shares of Global X Defense Tech ETF by 2.1% in the 1st quarter. D.A. Davidson & CO. now owns 28,556 shares of the company’s stock valued at $2,023,000 after acquiring an additional 597 shares in the last quarter. Members Advisory Group LLC bought a new stake in Global X Defense Tech ETF during the first quarter valued at approximately $741,000. Bank of New York Mellon Corp grew its stake in Global X Defense Tech ETF by 46.2% in the 1st quarter. Bank of New York Mellon Corp now owns 75,069 shares of the company’s stock worth $5,318,000 after buying an additional 23,707 shares in the last quarter. Theory Financial LLC raised its position in shares of Global X Defense Tech ETF by 71.5% during the 1st quarter. Theory Financial LLC now owns 19,686 shares of the company’s stock valued at $1,395,000 after buying an additional 8,207 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Global X Defense Tech ETF by 92.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 7,844 shares of the company’s stock worth $556,000 after acquiring an additional 3,763 shares during the last quarter. 57.57% of the stock is owned by institutional investors.
Global X Defense Tech ETF Stock Up 0.1%
NYSEARCA SHLD opened at $60.26 on Thursday. The stock’s 50-day simple moving average is $63.16 and its two-hundred day simple moving average is $69.69. Global X Defense Tech ETF has a twelve month low of $57.89 and a twelve month high of $78.49. The company has a market capitalization of $6.80 billion, a price-to-earnings ratio of -4.98 and a beta of 0.29.
Global X Defense Tech ETF Company Profile
The Global X Defense Tech ETF (SHLD) is an exchange-traded fund that is based on the Global X Defense Tech index. The fund tracks a modified market-cap weighted index of the top 50 pure-play defense technology companies from around the world. These companies are considered best positioned to benefit from increased governmental defense spending. SHLD was launched on Sep 11, 2023 and is issued by Global X.
See Also
- Five stocks we like better than Global X Defense Tech ETF
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Want to see what other hedge funds are holding SHLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X Defense Tech ETF (NYSEARCA:SHLD – Free Report).
Receive News & Ratings for Global X Defense Tech ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Defense Tech ETF and related companies with MarketBeat.com's FREE daily email newsletter.
