109,707 Shares of Global X Defense Tech ETF $SHLD Bought by Sharkey Howes & Javer

Sharkey Howes & Javer purchased a new stake in Global X Defense Tech ETF (NYSEARCA:SHLD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 109,707 shares of the company’s stock, valued at approximately $6,591,000. Global X Defense Tech ETF accounts for about 0.8% of Sharkey Howes & Javer’s investment portfolio, making the stock its 26th largest holding. Sharkey Howes & Javer owned approximately 0.10% of Global X Defense Tech ETF at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SHLD. Activest Wealth Management boosted its holdings in Global X Defense Tech ETF by 2.4% in the 3rd quarter. Activest Wealth Management now owns 7,112 shares of the company’s stock worth $427,000 after buying an additional 168 shares during the period. EverSource Wealth Advisors LLC grew its stake in Global X Defense Tech ETF by 12.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,681 shares of the company’s stock valued at $119,000 after buying an additional 181 shares in the last quarter. Seamount Financial Group Inc. raised its holdings in Global X Defense Tech ETF by 4.7% during the 1st quarter. Seamount Financial Group Inc. now owns 5,949 shares of the company’s stock valued at $421,000 after acquiring an additional 267 shares during the period. Evolution Wealth Management Inc. raised its holdings in Global X Defense Tech ETF by 57.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 793 shares of the company’s stock valued at $56,000 after acquiring an additional 288 shares during the period. Finally, Quantum Portfolio Management LLC raised its holdings in Global X Defense Tech ETF by 3.2% during the 1st quarter. Quantum Portfolio Management LLC now owns 11,131 shares of the company’s stock valued at $789,000 after acquiring an additional 348 shares during the period. 57.57% of the stock is currently owned by hedge funds and other institutional investors.

Global X Defense Tech ETF Price Performance

NYSEARCA:SHLD opened at $61.89 on Friday. The company has a market cap of $6.48 billion, a P/E ratio of -5.11 and a beta of 0.33. The stock’s fifty day moving average price is $62.94 and its two-hundred day moving average price is $64.51. Global X Defense Tech ETF has a 1 year low of $57.89 and a 1 year high of $78.49.

Global X Defense Tech ETF Company 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.