First Heartland Consultants Inc. bought a new stake in Global X Defense Tech ETF (NYSEARCA:SHLD – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 18,923 shares of the company’s stock, valued at approximately $1,130,000.
Several other institutional investors have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. lifted its position in Global X Defense Tech ETF by 19.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 77,000 shares of the company’s stock worth $4,989,000 after acquiring an additional 12,702 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of Global X Defense Tech ETF by 14.4% in the first quarter. Nations Financial Group Inc. IA ADV now owns 10,144 shares of the company’s stock valued at $719,000 after purchasing an additional 1,280 shares during the last quarter. Fortem Financial Group LLC grew its position in shares of Global X Defense Tech ETF by 1,664.5% in the first quarter. Fortem Financial Group LLC now owns 75,873 shares of the company’s stock valued at $5,375,000 after purchasing an additional 71,573 shares during the last quarter. Triad Wealth Partners LLC increased its stake in shares of Global X Defense Tech ETF by 112.9% in the first quarter. Triad Wealth Partners LLC now owns 214,036 shares of the company’s stock worth $15,162,000 after purchasing an additional 113,480 shares during the period. Finally, Terra Nova Asset Management LLC increased its stake in shares of Global X Defense Tech ETF by 3.3% in the first quarter. Terra Nova Asset Management LLC now owns 24,589 shares of the company’s stock worth $1,742,000 after purchasing an additional 783 shares during the period. Institutional investors own 57.57% of the company’s stock.
Global X Defense Tech ETF Stock Performance
NYSEARCA SHLD opened at $69.04 on Friday. Global X Defense Tech ETF has a twelve month low of $57.89 and a twelve month high of $78.49. The stock has a market capitalization of $7.67 billion, a PE ratio of -5.70 and a beta of 0.27. The stock has a 50-day simple moving average of $62.64 and a 200 day simple moving average of $68.79.
About Global X Defense Tech ETF
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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