Global X Defense Tech ETF $SHLD Stock Holdings Increased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its position in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 168.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,989 shares of the company’s stock after buying an additional 31,982 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Global X Defense Tech ETF were worth $3,612,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Rockefeller Capital Management L.P. grew its position in shares of Global X Defense Tech ETF by 19.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 77,000 shares of the company’s stock worth $4,989,000 after acquiring an additional 12,702 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its position in shares of Global X Defense Tech ETF by 14.4% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 10,144 shares of the company’s stock valued at $719,000 after acquiring an additional 1,280 shares in the last quarter. Fortem Financial Group LLC lifted its stake in Global X Defense Tech ETF by 1,664.5% during the first quarter. Fortem Financial Group LLC now owns 75,873 shares of the company’s stock worth $5,375,000 after purchasing an additional 71,573 shares during the last quarter. Triad Wealth Partners LLC lifted its stake in Global X Defense Tech ETF by 112.9% during the first quarter. Triad Wealth Partners LLC now owns 214,036 shares of the company’s stock worth $15,162,000 after purchasing an additional 113,480 shares during the last quarter. Finally, Terra Nova Asset Management LLC boosted its holdings in Global X Defense Tech ETF by 3.3% in the first quarter. Terra Nova Asset Management LLC now owns 24,589 shares of the company’s stock worth $1,742,000 after purchasing an additional 783 shares during the period. Institutional investors own 57.57% of the company’s stock.

Global X Defense Tech ETF Stock Down 0.9%

SHLD stock traded down $0.59 during trading on Tuesday, hitting $64.25. 214,039 shares of the company’s stock traded hands, compared to its average volume of 2,064,884. 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 fifty day moving average price of $64.01 and a two-hundred day moving average price of $69.89. The stock has a market capitalization of $7.34 billion, a price-to-earnings ratio of -5.31 and a beta of 0.29.

Global X Defense Tech ETF 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.