Defiance Drone & Modern Warfare ETF (NASDAQ:JEDI) Shares Up 3.9% – What’s Next?

Shares of Defiance Drone & Modern Warfare ETF (NASDAQ:JEDI) were up 3.9% during mid-day trading on Thursday . The stock traded as high as $26.46 and last traded at $26.17. 110,823 shares changed hands during trading, a decline of 40% from the average session volume of 185,205 shares. The stock had previously closed at $25.19.

Defiance Drone & Modern Warfare ETF Price Performance

The stock has a 50-day moving average price of $26.35 and a 200 day moving average price of $28.41.

Institutional Trading of Defiance Drone & Modern Warfare ETF

An institutional investor recently bought a new stake in Defiance Drone & Modern Warfare ETF stock. Worth Asset Management LLC bought a new stake in shares of Defiance Drone & Modern Warfare ETF (NASDAQ:JEDI) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,935 shares of the ETF’s stock, valued at approximately $201,000. Worth Asset Management LLC owned about 0.13% of Defiance Drone & Modern Warfare ETF at the end of the most recent reporting period.

Defiance Drone & Modern Warfare ETF (NASDAQ: JEDI) is an exchange-traded fund sponsored by Defiance ETFs. The fund is designed to provide targeted exposure to companies involved in technologies associated with drones and modern military operations.

JEDI’s investment focus may include businesses developing or supplying unmanned aerial systems, autonomous vehicles, robotics, artificial intelligence, cybersecurity, satellite communications, surveillance equipment, radar, sensors, electronic warfare systems and other defense-related technologies.