Select STOXX Europe Aerospace & Defense ETF (BATS:EUAD) Reaches New 1-Year High – Here’s What Happened

Select STOXX Europe Aerospace & Defense ETF (BATS:EUAD) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $48.44 and last traded at $48.44, with a volume of 18207 shares changing hands. The stock had previously closed at $47.89.

Select STOXX Europe Aerospace & Defense ETF Trading Up 0.8%

The company’s 50-day moving average is $43.30 and its 200 day moving average is $43.06. The stock has a market capitalization of $1.11 billion and a PE ratio of 38.44.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC increased its stake in Select STOXX Europe Aerospace & Defense ETF by 15.7% during the first quarter. Parallel Advisors LLC now owns 3,174 shares of the company’s stock worth $129,000 after purchasing an additional 430 shares during the period. Roxbury Financial LLC acquired a new stake in shares of Select STOXX Europe Aerospace & Defense ETF during the first quarter worth about $27,000. Strategic Advocates LLC boosted its stake in shares of Select STOXX Europe Aerospace & Defense ETF by 97.5% in the fourth quarter. Strategic Advocates LLC now owns 1,327 shares of the company’s stock valued at $56,000 after purchasing an additional 655 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Select STOXX Europe Aerospace & Defense ETF by 55.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,958 shares of the company’s stock valued at $82,000 after purchasing an additional 700 shares during the period. Finally, Dearborn Partners LLC grew its holdings in shares of Select STOXX Europe Aerospace & Defense ETF by 12.8% in the fourth quarter. Dearborn Partners LLC now owns 6,150 shares of the company’s stock valued at $259,000 after purchasing an additional 700 shares in the last quarter.

Select STOXX Europe Aerospace & Defense ETF Company Profile

The Select STOXX Europe Aerospace & Defense ETF (EUAD) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a narrow index of European stocks, or ADRs of companies headquartered in Europe, who derive a significant portion of their revenue from the aerospace and defense industry. Holdings are weighted based on market-cap. EUAD was launched on Oct 22, 2024 and is issued by Tuttle Capital.