285,769 Global X Defense Tech ETF $SHLD Shares Sold by Sigma Planning Corp

Sigma Planning Corp trimmed its position in Global X Defense Tech ETF (NYSEARCA:SHLD) by 95.7% during the third quarter, Holdings Channel.com reports. The firm owned 12,714 shares of the company’s stock after selling 285,769 shares during the period. Sigma Planning Corp’s holdings in Global X Defense Tech ETF were worth $789,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. CX Institutional acquired a new position in shares of Global X Defense Tech ETF during the second quarter worth $29,000. GK Wealth Management LLC purchased a new position in shares of Global X Defense Tech ETF in the 3rd quarter valued at about $32,000. Manchester Capital Management LLC purchased a new position in shares of Global X Defense Tech ETF in the 3rd quarter valued at about $32,000. Evolution Wealth Management Inc. raised its position in shares of 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 worth $56,000 after acquiring an additional 288 shares in the last quarter. Finally, Markowski Investments purchased a new stake in Global X Defense Tech ETF during the second quarter worth approximately $77,000. 57.57% of the stock is owned by hedge funds and other institutional investors.

Global X Defense Tech ETF Stock Down 1.9%

Shares of Global X Defense Tech ETF stock opened at $63.78 on Friday. The firm has a market capitalization of $6.64 billion, a P/E ratio of -5.27 and a beta of 0.33. Global X Defense Tech ETF has a 52 week low of $57.89 and a 52 week high of $78.49. The firm’s 50 day moving average is $62.34 and its two-hundred day moving average is $67.37.

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.