Apeiron RIA LLC Boosts Stock Position in Global X Defense Tech ETF $SHLD

Apeiron RIA LLC raised its holdings in Global X Defense Tech ETF (NYSEARCA:SHLD) by 55.9% in the third quarter, Holdings Channel reports. The fund owned 73,119 shares of the company’s stock after acquiring an additional 26,211 shares during the period. Global X Defense Tech ETF accounts for about 1.0% of Apeiron RIA LLC’s portfolio, making the stock its 28th biggest position. Apeiron RIA LLC’s holdings in Global X Defense Tech ETF were worth $4,397,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Avidian Wealth Enterprises LLC acquired a new stake in shares of Global X Defense Tech ETF during the third quarter worth about $2,052,000. Retirement Wealth Solutions LLC acquired a new position in shares of Global X Defense Tech ETF in the 3rd quarter valued at approximately $114,000. Asempa Wealth Advisors increased its stake in Global X Defense Tech ETF by 88.6% during the 3rd quarter. Asempa Wealth Advisors now owns 7,759 shares of the company’s stock worth $467,000 after purchasing an additional 3,645 shares in the last quarter. Private Client Services LLC bought a new stake in Global X Defense Tech ETF during the 3rd quarter worth approximately $229,000. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in Global X Defense Tech ETF by 36.3% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 8,243 shares of the company’s stock worth $492,000 after buying an additional 2,196 shares during the period. 57.57% of the stock is currently owned by institutional investors.

Global X Defense Tech ETF Price Performance

SHLD traded up $0.16 during trading on Thursday, reaching $58.90. The company had a trading volume of 554,557 shares, compared to its average volume of 1,756,583. Global X Defense Tech ETF has a 12 month low of $57.89 and a 12 month high of $78.49. The business’s fifty day moving average price is $64.45 and its 200 day moving average price is $65.40. The company has a market cap of $6.30 billion, a P/E ratio of -4.86 and a beta of 0.33.

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.