World Investment Advisors Sells 14,147 Shares of Global X Defense Tech ETF $SHLD

World Investment Advisors lowered its holdings in Global X Defense Tech ETF (NYSEARCA:SHLD) by 34.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,422 shares of the company’s stock after selling 14,147 shares during the period. World Investment Advisors’ holdings in Global X Defense Tech ETF were worth $1,777,000 at the end of the most recent quarter.

Global X Defense Tech ETF Price Performance

SHLD stock opened at $62.30 on Friday. Global X Defense Tech ETF has a 52 week low of $57.14 and a 52 week high of $78.49. The business has a 50-day simple moving average of $66.63 and a 200 day simple moving average of $70.04. The company has a market cap of $7.39 billion, a PE ratio of -5.14 and a beta of 0.20.

Global X Defense Tech ETF 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.