Bull Harbor Capital LLC Buys New Position in Global X Defense Tech ETF $SHLD

Bull Harbor Capital LLC bought a new stake in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) in the first quarter, HoldingsChannel reports. The institutional investor bought 19,950 shares of the company’s stock, valued at approximately $1,413,000.

Several other institutional investors have also added to or reduced their stakes in the business. Financial Life Planners purchased a new position in shares of Global X Defense Tech ETF during the 1st quarter worth $26,000. Evolution Wealth Management Inc. increased its stake in shares of Global X Defense Tech ETF by 57.0% in the 1st quarter. Evolution Wealth Management Inc. now owns 793 shares of the company’s stock worth $56,000 after purchasing an additional 288 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Global X Defense Tech ETF by 12.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,681 shares of the company’s stock worth $119,000 after purchasing an additional 181 shares during the period. International Assets Investment Management LLC raised its holdings in Global X Defense Tech ETF by 75.8% in the 1st quarter. International Assets Investment Management LLC now owns 1,695 shares of the company’s stock worth $125,000 after purchasing an additional 731 shares during the period. Finally, Main Street Group LTD bought a new position in Global X Defense Tech ETF in the 1st quarter worth $126,000. 57.57% of the stock is currently owned by institutional investors.

Global X Defense Tech ETF Stock Performance

NYSEARCA SHLD opened at $62.03 on Thursday. The business’s fifty day moving average is $62.63 and its 200 day moving average is $69.26. Global X Defense Tech ETF has a fifty-two week low of $57.89 and a fifty-two week high of $78.49. The company has a market capitalization of $6.92 billion, a PE ratio of -5.12 and a beta of 0.29.

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.