Members Advisory Group LLC Acquires Shares of 10,454 Global X Defense Tech ETF $SHLD

Members Advisory Group LLC acquired a new stake in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,454 shares of the company’s stock, valued at approximately $741,000. Global X Defense Tech ETF comprises approximately 0.3% of Members Advisory Group LLC’s holdings, making the stock its 28th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Seamount Financial Group Inc. raised 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 worth $421,000 after acquiring an additional 267 shares during the last quarter. Evolution Wealth Management Inc. boosted its stake in Global X Defense Tech ETF by 57.0% during 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 during the last quarter. Quantum Portfolio Management LLC increased its holdings in Global X Defense Tech ETF by 3.2% during the 1st quarter. Quantum Portfolio Management LLC now owns 11,131 shares of the company’s stock worth $789,000 after purchasing an additional 348 shares in the last quarter. American Institute for Advanced Investment Management LLP increased its holdings in Global X Defense Tech ETF by 1.5% during the 1st quarter. American Institute for Advanced Investment Management LLP now owns 23,332 shares of the company’s stock worth $1,653,000 after purchasing an additional 350 shares in the last quarter. Finally, Financial Life Planners purchased a new stake in shares of Global X Defense Tech ETF in the first quarter worth approximately $26,000. 57.57% of the stock is owned by institutional investors.

Global X Defense Tech ETF Stock Up 0.1%

SHLD stock opened at $60.26 on Thursday. Global X Defense Tech ETF has a twelve month low of $57.89 and a twelve month high of $78.49. The stock’s 50 day moving average is $63.16 and its 200-day moving average is $69.69. The firm has a market capitalization of $6.80 billion, a PE ratio of -4.98 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.