Global X Defense Tech ETF $SHLD Shares Newly Purchased by Mather Group LLC.

Mather Group LLC. acquired a new stake in Global X Defense Tech ETF (NYSEARCA:SHLD) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 23,349 shares of the company’s stock, valued at approximately $1,403,000.

A number of other large investors also recently bought and sold shares of the stock. West Wealth Group LLC boosted its stake in Global X Defense Tech ETF by 2.3% during the third quarter. West Wealth Group LLC now owns 209,693 shares of the company’s stock worth $12,598,000 after buying an additional 4,776 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in shares of Global X Defense Tech ETF in the 3rd quarter worth approximately $328,000. Forvis Mazars Wealth Advisors LLC acquired a new position in shares of Global X Defense Tech ETF in the 3rd quarter worth approximately $218,000. Accel Wealth Management lifted its holdings in shares of Global X Defense Tech ETF by 9.0% in the 3rd quarter. Accel Wealth Management now owns 37,728 shares of the company’s stock worth $2,267,000 after acquiring an additional 3,131 shares during the last quarter. Finally, Cascade Investment Group Inc. purchased a new position in shares of Global X Defense Tech ETF during the 3rd quarter worth approximately $262,000. Institutional investors and hedge funds own 57.57% of the company’s stock.

Global X Defense Tech ETF Price Performance

Shares of NYSEARCA:SHLD traded up $0.83 during mid-day trading on Friday, reaching $61.48. 776,614 shares of the company were exchanged, compared to its average volume of 1,738,205. The firm has a market cap of $6.48 billion, a price-to-earnings ratio of -5.08 and a beta of 0.33. Global X Defense Tech ETF has a 1 year low of $57.89 and a 1 year high of $78.49. The firm’s 50-day simple moving average is $63.61 and its 200 day simple moving average is $64.85.

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.