Plancorp LLC Purchases 99,147 Shares of Global X Defense Tech ETF $SHLD

Plancorp LLC purchased a new stake in Global X Defense Tech ETF (NYSEARCA:SHLD) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 99,147 shares of the company’s stock, valued at approximately $6,324,000.

Several other large investors also recently bought and sold shares of SHLD. Heritage Family Offices LLP purchased a new position in shares of Global X Defense Tech ETF during the third quarter worth about $61,000. Principle Wealth Partners LLC purchased a new stake in shares of Global X Defense Tech ETF in the 3rd quarter valued at about $1,470,000. Kestra Advisory Services LLC lifted its holdings in shares of Global X Defense Tech ETF by 16.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 81,891 shares of the company’s stock valued at $4,920,000 after purchasing an additional 11,641 shares during the last quarter. Quadcap Wealth Management LLC boosted its position in shares of Global X Defense Tech ETF by 8.1% in the 3rd quarter. Quadcap Wealth Management LLC now owns 77,789 shares of the company’s stock valued at $4,674,000 after purchasing an additional 5,855 shares during the period. Finally, Commonwealth Equity Services LLC purchased a new stake in Global X Defense Tech ETF in the 3rd quarter valued at $8,000,000. Institutional investors and hedge funds own 57.57% of the company’s stock.

Global X Defense Tech ETF Trading Up 0.3%

Shares of NYSEARCA SHLD traded up $0.17 during midday trading on Friday, reaching $58.20. 1,734,071 shares of the company were exchanged, compared to its average volume of 1,714,589. Global X Defense Tech ETF has a 1 year low of $57.14 and a 1 year high of $78.49. The stock has a fifty day simple moving average of $61.79 and a 200 day simple moving average of $66.97. The stock has a market cap of $6.00 billion, a P/E ratio of -4.81 and a beta of 0.30.

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.