76,894 Shares in Global X Defense Tech ETF $SHLD Bought by Envision Financial Transparency LLC

Envision Financial Transparency LLC bought a new position in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 76,894 shares of the company’s stock, valued at approximately $5,447,000. Global X Defense Tech ETF comprises 5.3% of Envision Financial Transparency LLC’s portfolio, making the stock its 4th largest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Global X Defense Tech ETF by 151.1% during the 1st 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 last quarter. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Global X Defense Tech ETF in the first quarter valued at approximately $120,428,000. Sanctuary Advisors LLC grew its stake in shares of Global X Defense Tech ETF by 41.1% in the first quarter. Sanctuary Advisors LLC now owns 770,947 shares of the company’s stock worth $54,614,000 after acquiring an additional 224,582 shares during the last quarter. Decker Wealth Management LLC bought a new position in Global X Defense Tech ETF during the first quarter worth $14,044,000. Finally, Triad Wealth Partners LLC grew its position in Global X Defense Tech ETF by 112.9% in the 1st 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 last quarter. 57.57% of the stock is owned by institutional investors and hedge funds.

Global X Defense Tech ETF Stock Performance

Shares of SHLD opened at $60.73 on Thursday. Global X Defense Tech ETF has a 52 week low of $57.89 and a 52 week high of $78.49. The firm has a market capitalization of $6.82 billion, a P/E ratio of -5.01 and a beta of 0.29. The company has a 50-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.