Global X Defense Tech ETF $SHLD Holdings Raised by Vise Technologies Inc.

Vise Technologies Inc. grew its stake in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 30.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 385,124 shares of the company’s stock after buying an additional 89,600 shares during the quarter. Vise Technologies Inc. owned approximately 0.37% of Global X Defense Tech ETF worth $23,138,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought a new position in Global X Defense Tech ETF during the second quarter valued at about $4,910,000. Solstein Capital LLC lifted its position in Global X Defense Tech ETF by 34.5% in the 2nd quarter. Solstein Capital LLC now owns 44,211 shares of the company’s stock valued at $2,640,000 after acquiring an additional 11,352 shares in the last quarter. Buttonwood Financial Group LLC boosted its position in Global X Defense Tech ETF by 25.2% in the second quarter. Buttonwood Financial Group LLC now owns 103,100 shares of the company’s stock worth $6,156,000 after purchasing an additional 20,768 shares during the last quarter. Waverly Advisors LLC boosted its position in shares of Global X Defense Tech ETF by 1,589.5% in the second quarter. Waverly Advisors LLC now owns 75,519 shares of the company’s stock worth $4,509,000 after purchasing an additional 71,049 shares during the period. Finally, BlueCrest Capital Management Ltd purchased a new position in shares of Global X Defense Tech ETF during the second quarter valued at about $3,583,000. 57.57% of the stock is owned by institutional investors and hedge funds.

Global X Defense Tech ETF Stock Down 1.9%

Shares of NYSEARCA:SHLD opened at $63.78 on Friday. The business’s 50 day moving average is $62.34 and its 200 day moving average is $67.37. 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 market cap of $6.64 billion, a P/E ratio of -5.27 and a beta of 0.33.

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.