SWP Financial LLC Purchases 11,071 Shares of Global X Defense Tech ETF $SHLD

SWP Financial LLC lifted its position in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 32.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,884 shares of the company’s stock after purchasing an additional 11,071 shares during the period. Global X Defense Tech ETF accounts for approximately 1.6% of SWP Financial LLC’s portfolio, making the stock its 21st largest position. SWP Financial LLC’s holdings in Global X Defense Tech ETF were worth $3,180,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SHLD. Triad Wealth Partners LLC increased its holdings in Global X Defense Tech ETF by 112.9% during 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 during the period. Fortem Financial Group LLC lifted its holdings in Global X Defense Tech ETF by 1,664.5% in the 1st quarter. Fortem Financial Group LLC now owns 75,873 shares of the company’s stock worth $5,375,000 after buying an additional 71,573 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in Global X Defense Tech ETF by 19.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 77,000 shares of the company’s stock worth $4,989,000 after buying an additional 12,702 shares during the period. Spectrum Planning & Advisory Services Inc. grew its position in shares of Global X Defense Tech ETF by 47.5% in the 1st quarter. Spectrum Planning & Advisory Services Inc. now owns 34,944 shares of the company’s stock worth $2,475,000 after buying an additional 11,247 shares during the last quarter. Finally, Brookstone Capital Management grew its position in shares of Global X Defense Tech ETF by 176.4% in the 1st quarter. Brookstone Capital Management now owns 14,486 shares of the company’s stock worth $1,026,000 after buying an additional 9,245 shares during the last quarter. 57.57% of the stock is owned by institutional investors.

Global X Defense Tech ETF Stock Performance

SHLD opened at $60.59 on Tuesday. Global X Defense Tech ETF has a 52-week low of $57.14 and a 52-week high of $78.49. The stock has a market capitalization of $7.19 billion, a PE ratio of -5.00 and a beta of 0.20. The stock’s 50 day moving average price is $66.36 and its 200-day moving average price is $70.10.

Global X Defense Tech ETF 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.