David J Yvars Group Decreases Stock Holdings in Global X Defense Tech ETF $SHLD

David J Yvars Group trimmed its position in Global X Defense Tech ETF (NYSEARCA:SHLD) by 74.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,211 shares of the company’s stock after selling 11,964 shares during the period. David J Yvars Group’s holdings in Global X Defense Tech ETF were worth $251,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of SHLD. Financial Life Planners purchased a new stake in Global X Defense Tech ETF during the 1st quarter worth approximately $26,000. CX Institutional purchased a new position in shares of Global X Defense Tech ETF during the 2nd quarter valued at about $29,000. Evolution Wealth Management Inc. lifted its holdings in Global X Defense Tech ETF by 57.0% in the first quarter. Evolution Wealth Management Inc. now owns 793 shares of the company’s stock valued at $56,000 after acquiring an additional 288 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Global X Defense Tech ETF by 12.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,681 shares of the company’s stock valued at $119,000 after purchasing an additional 181 shares during the period. Finally, International Assets Investment Management LLC raised its position in shares of Global X Defense Tech ETF by 75.8% in the first quarter. International Assets Investment Management LLC now owns 1,695 shares of the company’s stock worth $125,000 after acquiring an additional 731 shares during the period. Hedge funds and other institutional investors own 57.57% of the company’s stock.

Global X Defense Tech ETF Trading Down 0.3%

NYSEARCA SHLD opened at $67.37 on Thursday. The stock has a market capitalization of $7.48 billion, a price-to-earnings ratio of -5.56 and a beta of 0.27. The stock has a 50-day moving average of $62.61 and a 200 day moving average of $68.86. Global X Defense Tech ETF has a twelve month low of $57.89 and a twelve month high of $78.49.

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.