Global X Defense Tech ETF $SHLD Shares Purchased by Solstein Capital LLC

Solstein Capital LLC boosted its holdings in Global X Defense Tech ETF (NYSEARCA:SHLD) by 34.5% during the second quarter, HoldingsChannel.com reports. The fund owned 44,211 shares of the company’s stock after acquiring an additional 11,352 shares during the period. Global X Defense Tech ETF accounts for about 0.9% of Solstein Capital LLC’s portfolio, making the stock its 28th biggest position. Solstein Capital LLC’s holdings in Global X Defense Tech ETF were worth $2,640,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Financial Life Planners acquired a new position in Global X Defense Tech ETF in the first quarter valued at approximately $26,000. CX Institutional acquired a new stake in shares of Global X Defense Tech ETF during the 2nd quarter worth approximately $29,000. 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 purchasing an additional 288 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Global X Defense Tech ETF by 12.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,681 shares of the company’s stock worth $119,000 after purchasing an additional 181 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in shares of Global X Defense Tech ETF by 75.8% in the 1st quarter. International Assets Investment Management LLC now owns 1,695 shares of the company’s stock worth $125,000 after purchasing an additional 731 shares during the last quarter. Institutional investors own 57.57% of the company’s stock.

Global X Defense Tech ETF Price Performance

NYSEARCA:SHLD opened at $65.48 on Tuesday. Global X Defense Tech ETF has a 12-month low of $57.89 and a 12-month high of $78.49. The firm has a market capitalization of $7.27 billion, a P/E ratio of -5.41 and a beta of 0.27. The business has a 50 day simple moving average of $64.15 and a 200 day simple moving average of $67.93.

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.