Global X Defense Tech ETF $SHLD Shares Bought by Ethos Financial Group LLC

Ethos Financial Group LLC increased its holdings in Global X Defense Tech ETF (NYSEARCA:SHLD) by 38.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 46,839 shares of the company’s stock after purchasing an additional 13,129 shares during the quarter. Ethos Financial Group LLC’s holdings in Global X Defense Tech ETF were worth $3,318,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Signet Financial Management LLC raised its position in shares of Global X Defense Tech ETF by 68.7% during the 1st quarter. Signet Financial Management LLC now owns 40,197 shares of the company’s stock worth $2,848,000 after purchasing an additional 16,368 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in Global X Defense Tech ETF by 41.1% in the 1st quarter. Sanctuary Advisors LLC now owns 770,947 shares of the company’s stock worth $54,614,000 after buying an additional 224,582 shares during the last quarter. Mosaic Advisors LLC acquired a new stake in Global X Defense Tech ETF in the 1st quarter worth about $216,000. Wealthgarden F.S. LLC increased its stake in Global X Defense Tech ETF by 52.1% during the 1st quarter. Wealthgarden F.S. LLC now owns 16,264 shares of the company’s stock worth $1,152,000 after buying an additional 5,574 shares in the last quarter. Finally, Retirement Planning Group LLC purchased a new stake in Global X Defense Tech ETF during the 1st quarter worth approximately $216,000. Hedge funds and other institutional investors own 57.57% of the company’s stock.

Global X Defense Tech ETF Stock Performance

NYSEARCA SHLD opened at $60.22 on Wednesday. The business has a fifty day moving average price of $63.32 and a 200 day moving average price of $69.74. Global X Defense Tech ETF has a one year low of $57.89 and a one year high of $78.49. The company has a market cap of $6.79 billion, a P/E ratio of -4.97 and a beta of 0.29.

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.