Patriot Financial Group Insurance Agency LLC Has $1.74 Million Stock Holdings in Global X Defense Tech ETF $SHLD

Patriot Financial Group Insurance Agency LLC boosted its position in Global X Defense Tech ETF (NYSEARCA:SHLD) by 230.5% during the first quarter, HoldingsChannel.com reports. The fund owned 24,608 shares of the company’s stock after buying an additional 17,163 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Global X Defense Tech ETF were worth $1,743,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. lifted its stake in Global X Defense Tech ETF by 19.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 77,000 shares of the company’s stock worth $4,989,000 after purchasing an additional 12,702 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of Global X Defense Tech ETF by 14.4% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 10,144 shares of the company’s stock worth $719,000 after buying an additional 1,280 shares in the last quarter. Fortem Financial Group LLC lifted its position in shares of Global X Defense Tech ETF by 1,664.5% during the 1st quarter. Fortem Financial Group LLC now owns 75,873 shares of the company’s stock worth $5,375,000 after buying an additional 71,573 shares during the last quarter. Triad Wealth Partners LLC boosted its stake in Global X Defense Tech ETF by 112.9% in the first quarter. Triad Wealth Partners LLC now owns 214,036 shares of the company’s stock valued at $15,162,000 after buying an additional 113,480 shares in the last quarter. Finally, Terra Nova Asset Management LLC grew its position in Global X Defense Tech ETF by 3.3% in the first quarter. Terra Nova Asset Management LLC now owns 24,589 shares of the company’s stock valued at $1,742,000 after acquiring an additional 783 shares during the last quarter. 57.57% of the stock is currently owned by institutional investors and hedge funds.

Global X Defense Tech ETF Trading Up 0.5%

Shares of NYSEARCA SHLD opened at $58.70 on Tuesday. The company has a market cap of $6.96 billion, a price-to-earnings ratio of -4.85 and a beta of 0.20. Global X Defense Tech ETF has a 12 month low of $57.89 and a 12 month high of $78.49. The stock has a 50-day moving average price of $64.86 and a two-hundred day moving average price of $69.95.

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.