Clal Insurance Enterprises Holdings Ltd Takes Position in Global X Defense Tech ETF $SHLD

Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 1,700,000 shares of the company’s stock, valued at approximately $120,428,000.

A number of other institutional investors also recently made changes to their positions in the stock. Chatterton & Associates Inc. grew its holdings in shares of Global X Defense Tech ETF by 121.0% during the first quarter. Chatterton & Associates Inc. now owns 20,999 shares of the company’s stock worth $1,559,000 after buying an additional 11,499 shares in the last quarter. Kestra Private Wealth Services LLC lifted its stake in shares of Global X Defense Tech ETF by 20.3% during the 1st quarter. Kestra Private Wealth Services LLC now owns 74,424 shares of the company’s stock worth $5,272,000 after purchasing an additional 12,537 shares during the period. EWA LLC lifted its stake in shares of Global X Defense Tech ETF by 66.8% during the 1st quarter. EWA LLC now owns 129,631 shares of the company’s stock worth $9,183,000 after purchasing an additional 51,899 shares during the period. Beacon Financial Group boosted its holdings in shares of Global X Defense Tech ETF by 45.2% during the first quarter. Beacon Financial Group now owns 102,549 shares of the company’s stock worth $7,265,000 after purchasing an additional 31,919 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Global X Defense Tech ETF by 19.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 77,000 shares of the company’s stock worth $4,989,000 after purchasing an additional 12,702 shares during the last quarter. 57.57% of the stock is owned by institutional investors and hedge funds.

Global X Defense Tech ETF Price Performance

NYSEARCA SHLD opened at $60.25 on Wednesday. The company has a 50-day moving average of $62.76 and a 200-day moving average of $69.54. Global X Defense Tech ETF has a 12 month low of $57.89 and a 12 month high of $78.49. The company has a market cap of $6.76 billion, a P/E ratio of -4.98 and a beta of 0.29.

About Global X Defense Tech ETF

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.