Select STOXX Europe Aerospace & Defense ETF (BATS:EUAD) Shares Down 0.3% – Here’s What Happened

Select STOXX Europe Aerospace & Defense ETF (BATS:EUAD) shares were down 0.3% during trading on Wednesday . The company traded as low as $41.64 and last traded at $41.91. 890,698 shares traded hands during trading, an increase of 50% from the average daily volume of 594,865 shares. The stock had previously closed at $42.04.

Select STOXX Europe Aerospace & Defense ETF Price Performance

The company has a market capitalization of $975.78 million and a P/E ratio of 38.44. The business has a 50 day simple moving average of $41.21 and a 200-day simple moving average of $43.08.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Stillwater Private Wealth LLC acquired a new stake in shares of Select STOXX Europe Aerospace & Defense ETF in the first quarter valued at approximately $335,000. Parallel Advisors LLC grew its holdings in Select STOXX Europe Aerospace & Defense ETF by 15.7% in the 1st quarter. Parallel Advisors LLC now owns 3,174 shares of the company’s stock worth $129,000 after buying an additional 430 shares in the last quarter. PeakShares LLC bought a new position in Select STOXX Europe Aerospace & Defense ETF in the 1st quarter worth approximately $132,000. Ethos Financial Group LLC increased its position in Select STOXX Europe Aerospace & Defense ETF by 9.5% in the 1st quarter. Ethos Financial Group LLC now owns 122,710 shares of the company’s stock valued at $4,999,000 after acquiring an additional 10,680 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in Select STOXX Europe Aerospace & Defense ETF by 14.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 103,120 shares of the company’s stock valued at $4,201,000 after acquiring an additional 13,409 shares during the period.

Select STOXX Europe Aerospace & Defense ETF Company Profile

The Select STOXX Europe Aerospace & Defense ETF (EUAD) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a narrow index of European stocks, or ADRs of companies headquartered in Europe, who derive a significant portion of their revenue from the aerospace and defense industry. Holdings are weighted based on market-cap. EUAD was launched on Oct 22, 2024 and is issued by Tuttle Capital.