Waverly Advisors LLC Buys 71,049 Shares of Global X Defense Tech ETF $SHLD

Waverly Advisors LLC raised its position in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 1,589.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 75,519 shares of the company’s stock after purchasing an additional 71,049 shares during the period. Waverly Advisors LLC owned 0.07% of Global X Defense Tech ETF worth $4,509,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of SHLD. Range Advisory LLC raised its stake in shares of Global X Defense Tech ETF by 8.4% in the second quarter. Range Advisory LLC now owns 7,216 shares of the company’s stock valued at $431,000 after buying an additional 557 shares during the period. Corient Private Wealth LP increased its holdings in Global X Defense Tech ETF by 33.5% in the 2nd quarter. Corient Private Wealth LP now owns 21,284 shares of the company’s stock worth $1,271,000 after acquiring an additional 5,341 shares during the last quarter. Kingsbury Capital Investment Advisors LLC increased its holdings in Global X Defense Tech ETF by 55.5% in the 2nd quarter. Kingsbury Capital Investment Advisors LLC now owns 20,100 shares of the company’s stock worth $1,200,000 after acquiring an additional 7,177 shares during the last quarter. Carlson Financial Inc. raised its stake in Global X Defense Tech ETF by 2.4% in the 2nd quarter. Carlson Financial Inc. now owns 31,488 shares of the company’s stock valued at $1,881,000 after acquiring an additional 750 shares during the period. Finally, Ameritas Advisory Services LLC raised its stake in Global X Defense Tech ETF by 481.2% in the 2nd quarter. Ameritas Advisory Services LLC now owns 89,824 shares of the company’s stock valued at $5,363,000 after acquiring an additional 74,368 shares during the period. 57.57% of the stock is owned by hedge funds and other institutional investors.

Global X Defense Tech ETF Stock Down 0.1%

NYSEARCA SHLD opened at $61.78 on Friday. The company has a market cap of $6.86 billion, a PE ratio of -5.10 and a beta of 0.27. Global X Defense Tech ETF has a 52 week low of $57.89 and a 52 week high of $78.49. The firm’s 50-day simple moving average is $64.63 and its two-hundred day simple moving average is $67.35.

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.