Goldstein Advisors LLC Sells 41,330 Shares of Global X Defense Tech ETF $SHLD

Goldstein Advisors LLC reduced its holdings in Global X Defense Tech ETF (NYSEARCA:SHLD) by 12.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 294,213 shares of the company’s stock after selling 41,330 shares during the quarter. Global X Defense Tech ETF comprises 1.6% of Goldstein Advisors LLC’s holdings, making the stock its 15th largest holding. Goldstein Advisors LLC owned 0.28% of Global X Defense Tech ETF worth $17,676,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought a new position in Global X Defense Tech ETF in the second quarter worth approximately $4,910,000. Solstein Capital LLC grew its stake in Global X Defense Tech ETF by 34.5% in the second quarter. Solstein Capital LLC now owns 44,211 shares of the company’s stock valued at $2,640,000 after acquiring an additional 11,352 shares during the period. NewEdge Advisors LLC grew its stake in Global X Defense Tech ETF by 40.1% in the second quarter. NewEdge Advisors LLC now owns 675,460 shares of the company’s stock valued at $40,332,000 after acquiring an additional 193,449 shares during the period. BlueCrest Capital Management Ltd bought a new stake in shares of Global X Defense Tech ETF during the second quarter valued at approximately $3,583,000. Finally, Ameliora Wealth Management Ltd. increased its holdings in shares of Global X Defense Tech ETF by 41.4% during the second quarter. Ameliora Wealth Management Ltd. now owns 85,039 shares of the company’s stock valued at $5,078,000 after acquiring an additional 24,888 shares in the last quarter. 57.57% of the stock is currently owned by institutional investors.

Global X Defense Tech ETF Stock Up 1.6%

NYSEARCA SHLD opened at $60.65 on Friday. Global X Defense Tech ETF has a 52 week low of $57.89 and a 52 week high of $78.49. The business has a 50 day moving average price of $63.76 and a 200-day moving average price of $64.88. The company has a market cap of $6.39 billion, a price-to-earnings ratio of -5.01 and a beta of 0.33.

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.