Select STOXX Europe Aerospace & Defense ETF (BATS:EUAD) Hits New 12-Month High – Time to Buy?

Select STOXX Europe Aerospace & Defense ETF (BATS:EUAD)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $48.44 and last traded at $48.44, with a volume of 18207 shares changing hands. The stock had previously closed at $47.89.

Select STOXX Europe Aerospace & Defense ETF Trading Up 0.8%

The firm’s 50-day moving average price is $43.30 and its two-hundred day moving average price is $43.06. The stock has a market cap of $1.11 billion and a PE ratio of 38.44.

Hedge Funds Weigh In On Select STOXX Europe Aerospace & Defense ETF

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

About Select STOXX Europe Aerospace & Defense ETF

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.