HBW Advisory Services LLC Grows Holdings in Global X Defense Tech ETF $SHLD

HBW Advisory Services LLC boosted its position in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 333.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 78,996 shares of the company’s stock after acquiring an additional 60,790 shares during the period. HBW Advisory Services LLC owned 0.07% of Global X Defense Tech ETF worth $5,596,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. raised its position in shares of Global X Defense Tech ETF by 19.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 77,000 shares of the company’s stock valued at $4,989,000 after purchasing an additional 12,702 shares during the period. Nations Financial Group Inc. IA ADV increased its stake in Global X Defense Tech ETF by 14.4% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 10,144 shares of the company’s stock worth $719,000 after buying an additional 1,280 shares in the last quarter. Fortem Financial Group LLC raised its holdings in Global X Defense Tech ETF by 1,664.5% during the first quarter. Fortem Financial Group LLC now owns 75,873 shares of the company’s stock valued at $5,375,000 after acquiring an additional 71,573 shares during the period. Triad Wealth Partners LLC lifted its position in shares of Global X Defense Tech ETF by 112.9% in the first quarter. Triad Wealth Partners LLC now owns 214,036 shares of the company’s stock valued at $15,162,000 after acquiring an additional 113,480 shares in the last quarter. Finally, Terra Nova Asset Management LLC lifted its position in shares of Global X Defense Tech ETF by 3.3% in the first quarter. Terra Nova Asset Management LLC now owns 24,589 shares of the company’s stock valued at $1,742,000 after acquiring an additional 783 shares in the last quarter. Hedge funds and other institutional investors own 57.57% of the company’s stock.

Global X Defense Tech ETF Stock Down 1.2%

NYSEARCA SHLD opened at $60.47 on Tuesday. Global X Defense Tech ETF has a twelve month low of $57.89 and a twelve month high of $78.49. The business has a 50-day moving average price of $63.46 and a 200-day moving average price of $69.78. The firm has a market cap of $6.84 billion, a price-to-earnings ratio of -4.99 and a beta of 0.29.

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.