Global X Defense Tech ETF $SHLD Shares Sold by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors cut its position in Global X Defense Tech ETF (NYSEARCA:SHLD) by 6.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 334,229 shares of the company’s stock after selling 21,718 shares during the quarter. Global X Defense Tech ETF accounts for about 1.0% of C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ portfolio, making the stock its 21st largest holding. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Global X Defense Tech ETF were worth $20,080,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its position in shares of Global X Defense Tech ETF by 12.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,681 shares of the company’s stock worth $119,000 after acquiring an additional 181 shares in the last quarter. Seamount Financial Group Inc. boosted its holdings in shares of Global X Defense Tech ETF by 4.7% in the 1st quarter. Seamount Financial Group Inc. now owns 5,949 shares of the company’s stock valued at $421,000 after purchasing an additional 267 shares in the last quarter. Evolution Wealth Management Inc. boosted its holdings in shares of Global X Defense Tech ETF by 57.0% in the 1st quarter. Evolution Wealth Management Inc. now owns 793 shares of the company’s stock valued at $56,000 after purchasing an additional 288 shares in the last quarter. Quantum Portfolio Management LLC increased its stake in shares of Global X Defense Tech ETF by 3.2% in the 1st quarter. Quantum Portfolio Management LLC now owns 11,131 shares of the company’s stock valued at $789,000 after purchasing an additional 348 shares during the last quarter. Finally, American Institute for Advanced Investment Management LLP increased its stake in shares of Global X Defense Tech ETF by 1.5% in the 1st quarter. American Institute for Advanced Investment Management LLP now owns 23,332 shares of the company’s stock valued at $1,653,000 after purchasing an additional 350 shares during the last quarter. 57.57% of the stock is currently owned by institutional investors and hedge funds.

Global X Defense Tech ETF Stock Performance

Global X Defense Tech ETF stock opened at $59.68 on Thursday. Global X Defense Tech ETF has a 52 week low of $57.89 and a 52 week high of $78.49. The stock has a market capitalization of $6.34 billion, a P/E ratio of -4.93 and a beta of 0.33. The stock has a fifty day moving average of $63.91 and a 200-day moving average of $64.94.

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.