Chatterton & Associates Inc. Buys 11,499 Shares of Global X Defense Tech ETF $SHLD

Chatterton & Associates Inc. grew its stake in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 121.0% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 20,999 shares of the company’s stock after buying an additional 11,499 shares during the period. Chatterton & Associates Inc.’s holdings in Global X Defense Tech ETF were worth $1,559,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Rockefeller Capital Management L.P. grew its position in Global X Defense Tech ETF by 19.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 77,000 shares of the company’s stock worth $4,989,000 after buying an additional 12,702 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings 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 valued at $719,000 after acquiring 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% in the 1st 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 in the last quarter. Triad Wealth Partners LLC raised its holdings in Global X Defense Tech ETF by 112.9% in the 1st 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 1st quarter. Terra Nova Asset Management LLC now owns 24,589 shares of the company’s stock worth $1,742,000 after acquiring an additional 783 shares during the period. Institutional investors own 57.57% of the company’s stock.

Global X Defense Tech ETF Trading Down 2.8%

Shares of NYSEARCA:SHLD opened at $58.88 on Thursday. Global X Defense Tech ETF has a 1-year low of $58.08 and a 1-year high of $78.49. The firm has a market capitalization of $6.99 billion, a PE ratio of -4.86 and a beta of 0.20. The business’s 50 day moving average is $65.80 and its 200-day moving average is $70.06.

About Global X Defense Tech ETF

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.