Global X Defense Tech ETF $SHLD Stock Holdings Increased by Private Advisor Group LLC

Private Advisor Group LLC boosted its holdings in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 36.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 157,842 shares of the company’s stock after purchasing an additional 42,210 shares during the period. Private Advisor Group LLC owned approximately 0.13% of Global X Defense Tech ETF worth $11,182,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Financial Life Planners bought a new position in shares of Global X Defense Tech ETF in the first quarter valued at $26,000. Advocate Investing Services LLC bought a new stake in shares of Global X Defense Tech ETF during the 1st quarter worth $177,000. Oregon Pacific Wealth Management LLC bought a new stake in shares of Global X Defense Tech ETF during the 1st quarter worth $205,000. Partners Wealth Management LLC bought a new stake in shares of Global X Defense Tech ETF during the 1st quarter worth $213,000. Finally, Caliber Wealth Management LLC KS acquired a new position in shares of Global X Defense Tech ETF in the 1st quarter worth $291,000. 57.57% of the stock is currently owned by institutional investors.

Global X Defense Tech ETF Price Performance

Shares of Global X Defense Tech ETF stock opened at $63.96 on Friday. The stock’s fifty day moving average is $64.09 and its 200-day moving average is $69.84. The firm has a market capitalization of $7.31 billion, a PE ratio of -5.28 and a beta of 0.29. Global X Defense Tech ETF has a 12-month low of $57.89 and a 12-month high of $78.49.

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.