Global X Defense Tech ETF $SHLD is Buttonwood Financial Group LLC’s 10th Largest Position

Buttonwood Financial Group LLC boosted its holdings in Global X Defense Tech ETF (NYSEARCA:SHLD) by 25.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 103,100 shares of the company’s stock after buying an additional 20,768 shares during the period. Global X Defense Tech ETF makes up about 3.6% of Buttonwood Financial Group LLC’s investment portfolio, making the stock its 10th largest position. Buttonwood Financial Group LLC’s holdings in Global X Defense Tech ETF were worth $6,156,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Financial Life Planners acquired a new stake in shares of Global X Defense Tech ETF in the first quarter worth $26,000. CX Institutional acquired a new stake in Global X Defense Tech ETF in the 2nd quarter valued at $29,000. Evolution Wealth Management Inc. raised its position in Global X Defense Tech ETF by 57.0% in the first 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 period. EverSource Wealth Advisors LLC lifted its stake in shares of Global X Defense Tech ETF by 12.1% during the first quarter. EverSource Wealth Advisors LLC now owns 1,681 shares of the company’s stock worth $119,000 after purchasing an additional 181 shares in the last quarter. Finally, International Assets Investment Management LLC grew its stake in shares of Global X Defense Tech ETF by 75.8% in the first quarter. International Assets Investment Management LLC now owns 1,695 shares of the company’s stock valued at $125,000 after buying an additional 731 shares in the last quarter. 57.57% of the stock is owned by institutional investors and hedge funds.

Global X Defense Tech ETF Stock Performance

Shares of NYSEARCA:SHLD opened at $63.11 on Thursday. The business’s 50-day simple moving average is $64.31 and its 200 day simple moving average is $67.82. The company has a market cap of $7.01 billion, a P/E ratio of -5.21 and a beta of 0.27. Global X Defense Tech ETF has a one year low of $57.89 and a one year high of $78.49.

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.