Global X Defense Tech ETF $SHLD Holdings Lifted by Wealth Alliance LLC

Wealth Alliance LLC increased its position in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 269.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,385 shares of the company’s stock after acquiring an additional 19,249 shares during the period. Wealth Alliance LLC’s holdings in Global X Defense Tech ETF were worth $1,869,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Financial Life Planners acquired a new stake in Global X Defense Tech ETF in the 1st quarter valued at about $26,000. Evolution Wealth Management Inc. grew its stake in shares of Global X Defense Tech ETF by 57.0% in the 1st quarter. Evolution Wealth Management Inc. now owns 793 shares of the company’s stock worth $56,000 after purchasing an additional 288 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of Global X Defense Tech ETF by 75.8% in the 1st quarter. International Assets Investment Management LLC now owns 1,695 shares of the company’s stock worth $125,000 after purchasing an additional 731 shares during the last quarter. Main Street Group LTD acquired a new position in shares of Global X Defense Tech ETF in the 1st quarter worth approximately $126,000. Finally, PeakShares LLC bought a new stake in shares of Global X Defense Tech ETF in the 1st quarter worth approximately $140,000. 57.57% of the stock is currently owned by institutional investors.

Global X Defense Tech ETF Price Performance

SHLD stock opened at $63.01 on Friday. Global X Defense Tech ETF has a 12 month low of $57.89 and a 12 month high of $78.49. The firm has a market cap of $7.05 billion, a PE ratio of -5.20 and a beta of 0.29. The firm has a 50 day simple moving average of $62.68 and a 200 day simple moving average of $69.44.

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.