Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Takes Position in Global X Defense Tech ETF $SHLD

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new stake in Global X Defense Tech ETF (NYSEARCA:SHLD) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 81,970 shares of the company’s stock, valued at approximately $4,910,000. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD owned about 0.07% of Global X Defense Tech ETF as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Harel Insurance Investments & Financial Services Ltd. increased its stake in Global X Defense Tech ETF by 151.1% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,645,365 shares of the company’s stock valued at $329,078,000 after purchasing an additional 2,795,100 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Global X Defense Tech ETF by 30.9% in the first quarter. Bank of America Corp DE now owns 9,575,995 shares of the company’s stock worth $678,363,000 after buying an additional 2,262,272 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Global X Defense Tech ETF during the first quarter worth $120,428,000. Wedbush Securities Inc. lifted its stake in shares of Global X Defense Tech ETF by 7,064.6% during the second quarter. Wedbush Securities Inc. now owns 373,205 shares of the company’s stock worth $11,498,000 after buying an additional 367,996 shares during the period. Finally, Royal Bank of Canada grew its holdings in shares of Global X Defense Tech ETF by 49.9% during the first quarter. Royal Bank of Canada now owns 817,433 shares of the company’s stock valued at $57,907,000 after buying an additional 271,959 shares during the last quarter. 57.57% of the stock is currently owned by institutional investors and hedge funds.

Global X Defense Tech ETF Price Performance

Shares of SHLD opened at $62.72 on Wednesday. The company’s fifty day moving average price is $64.66 and its 200-day moving average price is $67.55. Global X Defense Tech ETF has a 1-year low of $57.89 and a 1-year high of $78.49. The firm has a market capitalization of $6.97 billion, a PE ratio of -5.18 and a beta of 0.27.

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.