Envision Financial Transparency LLC acquired a new position in Global X Defense Tech ETF (NYSEARCA:SHLD – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 76,894 shares of the company’s stock, valued at approximately $5,447,000. Global X Defense Tech ETF makes up 5.3% of Envision Financial Transparency LLC’s portfolio, making the stock its 4th largest position. Envision Financial Transparency LLC owned about 0.06% of Global X Defense Tech ETF at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the business. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of Global X Defense Tech ETF by 151.1% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,645,365 shares of the company’s stock worth $329,078,000 after purchasing an additional 2,795,100 shares during the period. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Global X Defense Tech ETF in the 1st quarter worth approximately $120,428,000. Sanctuary Advisors LLC lifted its position in Global X Defense Tech ETF by 41.1% in the 1st quarter. Sanctuary Advisors LLC now owns 770,947 shares of the company’s stock worth $54,614,000 after buying an additional 224,582 shares in the last quarter. Decker Wealth Management LLC acquired a new stake in shares of Global X Defense Tech ETF during the 1st quarter valued at $14,044,000. Finally, Triad Wealth Partners LLC grew its holdings in shares of Global X Defense Tech ETF by 112.9% during the 1st quarter. Triad Wealth Partners LLC now owns 214,036 shares of the company’s stock valued at $15,162,000 after acquiring an additional 113,480 shares in the last quarter. 57.57% of the stock is currently owned by institutional investors and hedge funds.
Global X Defense Tech ETF Trading Up 0.8%
Shares of NYSEARCA:SHLD opened at $60.73 on Thursday. The firm has a market cap of $6.82 billion, a price-to-earnings ratio of -5.01 and a beta of 0.29. Global X Defense Tech ETF has a 1 year low of $57.89 and a 1 year high of $78.49. The business has a fifty day simple moving average of $62.69 and a 200 day simple moving average of $69.51.
Global X Defense Tech ETF 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.
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