Kestra Advisory Services LLC Purchases 26,484 Shares of Global X Defense Tech ETF $SHLD

Kestra Advisory Services LLC increased its holdings in Global X Defense Tech ETF (NYSEARCA:SHLD) by 47.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 81,768 shares of the company’s stock after acquiring an additional 26,484 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.07% of Global X Defense Tech ETF worth $5,792,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SHLD. Triad Wealth Partners LLC raised its holdings in shares of Global X Defense Tech ETF by 112.9% in the 1st quarter. Triad Wealth Partners LLC now owns 214,036 shares of the company’s stock valued at $15,162,000 after purchasing an additional 113,480 shares in the last quarter. CFS Investment Advisory Services LLC increased its holdings in Global X Defense Tech ETF by 67.3% during the first quarter. CFS Investment Advisory Services LLC now owns 179,757 shares of the company’s stock valued at $13,185,000 after buying an additional 72,281 shares during the period. Fortem Financial Group LLC increased its holdings in Global X Defense Tech ETF by 1,664.5% during the first quarter. Fortem Financial Group LLC now owns 75,873 shares of the company’s stock valued at $5,375,000 after buying an additional 71,573 shares during the period. Horst & Graben Wealth Management LLC raised its stake in Global X Defense Tech ETF by 74.5% in the first quarter. Horst & Graben Wealth Management LLC now owns 154,953 shares of the company’s stock worth $10,456,000 after buying an additional 66,173 shares in the last quarter. Finally, EWA LLC raised its stake in Global X Defense Tech ETF by 66.8% in the first quarter. EWA LLC now owns 129,631 shares of the company’s stock worth $9,183,000 after buying an additional 51,899 shares in the last quarter. 57.57% of the stock is currently owned by institutional investors.

Global X Defense Tech ETF Stock Up 0.1%

Global X Defense Tech ETF stock opened at $60.26 on Thursday. The firm has a market cap of $6.80 billion, a P/E ratio of -4.98 and a beta of 0.29. The business has a fifty day moving average of $63.16 and a two-hundred day moving average of $69.69. Global X Defense Tech ETF has a twelve month low of $57.89 and a twelve month high of $78.49.

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.