80,659 Global X Defense Tech ETF $SHLD Shares Sold by Shepherd Financial Partners LLC

Shepherd Financial Partners LLC lessened its holdings in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 27.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 216,855 shares of the company’s stock after selling 80,659 shares during the quarter. Global X Defense Tech ETF accounts for approximately 1.0% of Shepherd Financial Partners LLC’s portfolio, making the stock its 26th largest position. Shepherd Financial Partners LLC owned about 0.21% of Global X Defense Tech ETF worth $13,029,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SHLD. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD purchased a new stake in shares of Global X Defense Tech ETF in the second quarter valued at about $4,910,000. Solstein Capital LLC lifted its position in shares of Global X Defense Tech ETF by 34.5% during the second quarter. Solstein Capital LLC now owns 44,211 shares of the company’s stock valued at $2,640,000 after purchasing an additional 11,352 shares in the last quarter. Buttonwood Financial Group LLC lifted its position in shares of Global X Defense Tech ETF by 25.2% during the second quarter. Buttonwood Financial Group LLC now owns 103,100 shares of the company’s stock valued at $6,156,000 after purchasing an additional 20,768 shares in the last quarter. BlueCrest Capital Management Ltd purchased a new position in Global X Defense Tech ETF during the second quarter worth about $3,583,000. Finally, Waverly Advisors LLC boosted its holdings in Global X Defense Tech ETF by 1,589.5% during the second quarter. Waverly Advisors LLC now owns 75,519 shares of the company’s stock worth $4,509,000 after purchasing an additional 71,049 shares during the last quarter. Institutional investors and hedge funds own 57.57% of the company’s stock.

Global X Defense Tech ETF Stock Performance

Global X Defense Tech ETF stock opened at $58.20 on Friday. Global X Defense Tech ETF has a fifty-two week low of $57.14 and a fifty-two week high of $78.49. The firm’s 50-day simple moving average is $61.79 and its 200 day simple moving average is $66.97. The stock has a market cap of $6.00 billion, a PE ratio of -4.81 and a beta of 0.30.

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.