Global X Defense Tech ETF $SHLD Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its position in Global X Defense Tech ETF (NYSEARCA:SHLD) by 20.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,424 shares of the company’s stock after buying an additional 12,537 shares during the quarter. Kestra Private Wealth Services LLC owned 0.06% of Global X Defense Tech ETF worth $5,272,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Chatterton & Associates Inc. grew its stake 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 valued at $1,559,000 after acquiring an additional 11,499 shares in the last quarter. Cardinal Strategic Wealth Guidance boosted its holdings in Global X Defense Tech ETF by 17.8% in the first quarter. Cardinal Strategic Wealth Guidance now owns 81,519 shares of the company’s stock valued at $5,775,000 after purchasing an additional 12,326 shares during the last quarter. Cardinal Point Capital Management ULC purchased a new position in Global X Defense Tech ETF in the first quarter valued at about $393,000. WealthBridge Capital Management LLC grew its stake in Global X Defense Tech ETF by 14.1% during the 1st quarter. WealthBridge Capital Management LLC now owns 29,243 shares of the company’s stock valued at $2,072,000 after purchasing an additional 3,611 shares in the last quarter. Finally, Signal Advisors Wealth LLC increased its holdings in Global X Defense Tech ETF by 45.5% during the 1st quarter. Signal Advisors Wealth LLC now owns 4,831 shares of the company’s stock worth $342,000 after purchasing an additional 1,510 shares during the last quarter. 57.57% of the stock is owned by hedge funds and other institutional investors.

Global X Defense Tech ETF Trading Up 0.3%

Global X Defense Tech ETF stock opened at $58.39 on Friday. Global X Defense Tech ETF has a 52 week low of $57.89 and a 52 week high of $78.49. The stock has a market cap of $6.93 billion, a P/E ratio of -4.82 and a beta of 0.20. The stock has a 50 day moving average of $65.16 and a 200-day moving average of $69.95.

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.