Global X Defense Tech ETF (NYSEARCA:SHLD) Sets New 12-Month Low – Here’s What Happened

Posted by Patrick Bannon on Nov 6th, 2026

Shares of Global X Defense Tech ETF (NYSEARCA:SHLD – Get Free Report) hit a new 52-week low during mid-day trading on Friday. The company traded as low as $57.14 and last traded at $58.0040, with a volume of 214,363 shares traded. The stock had previously closed at $58.03.

Global X Defense Tech ETF Stock Performance

The stock has a market cap of $6.00 billion, a PE ratio of -4.81 and a beta of 0.30. The company’s 50 day simple moving average is $61.97 and its 200 day simple moving average is $67.06.

Hedge Funds Weigh In On Global X Defense Tech ETF

Several institutional investors have recently modified their holdings of SHLD. Nikulski Financial Inc. increased its stake in Global X Defense Tech ETF by 12.6% in the 3rd quarter. Nikulski Financial Inc. now owns 67,197 shares of the company’s stock worth $4,037,000 after acquiring an additional 7,495 shares during the last quarter. Schwallier Wealth Management LLC raised its holdings in shares of Global X Defense Tech ETF by 6.3% in the 3rd quarter. Schwallier Wealth Management LLC now owns 50,915 shares of the company’s stock valued at $3,059,000 after acquiring an additional 3,025 shares in the last quarter. Joel Isaacson & Co. LLC bought a new stake in shares of Global X Defense Tech ETF during the 3rd quarter valued at about $781,000. Northbridge Financial Group LLC boosted its position in shares of Global X Defense Tech ETF by 2.8% during the 3rd quarter. Northbridge Financial Group LLC now owns 51,316 shares of the company’s stock valued at $3,082,000 after acquiring an additional 1,389 shares during the last quarter. Finally, Lido Advisors LLC bought a new stake in shares of Global X Defense Tech ETF during the 3rd quarter valued at about $439,000. 57.57% of the stock is owned by institutional investors.

About Global X Defense Tech ETF

(Get Free Report)

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.