Integrated Advisors Network LLC Purchases 14,229 Shares of Global X Defense Tech ETF $SHLD

Integrated Advisors Network LLC grew its position in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 123.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,728 shares of the company’s stock after purchasing an additional 14,229 shares during the quarter. Integrated Advisors Network LLC’s holdings in Global X Defense Tech ETF were worth $1,823,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Financial Life Planners bought a new stake in Global X Defense Tech ETF in the 1st quarter worth approximately $26,000. Evolution Wealth Management Inc. grew its position in Global X Defense Tech ETF by 57.0% during the first quarter. Evolution Wealth Management Inc. now owns 793 shares of the company’s stock valued at $56,000 after acquiring an additional 288 shares during the last quarter. Advocate Investing Services LLC purchased a new position in shares of Global X Defense Tech ETF during the first quarter worth approximately $177,000. Oregon Pacific Wealth Management LLC purchased a new position in shares of Global X Defense Tech ETF during the first quarter worth approximately $205,000. Finally, Partners Wealth Management LLC bought a new stake in shares of Global X Defense Tech ETF in the 1st quarter worth approximately $213,000. 57.57% of the stock is owned by hedge funds and other institutional investors.

Global X Defense Tech ETF Stock Performance

Shares of Global X Defense Tech ETF stock opened at $63.79 on Wednesday. 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 capitalization of $7.29 billion, a price-to-earnings ratio of -5.27 and a beta of 0.29. The company has a fifty day moving average of $63.93 and a 200-day moving average of $69.90.

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.