Decker Wealth Management LLC Purchases Shares of 198,254 Global X Defense Tech ETF $SHLD

Decker Wealth Management LLC acquired a new stake in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 198,254 shares of the company’s stock, valued at approximately $14,044,000. Global X Defense Tech ETF makes up 3.2% of Decker Wealth Management LLC’s holdings, making the stock its 8th biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Global X Defense Tech ETF by 151.1% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,645,365 shares of the company’s stock worth $329,078,000 after buying an additional 2,795,100 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in Global X Defense Tech ETF by 41.1% in the first quarter. Sanctuary Advisors LLC now owns 770,947 shares of the company’s stock valued at $54,614,000 after acquiring an additional 224,582 shares during the last quarter. Triad Wealth Partners LLC grew its position in Global X Defense Tech ETF by 112.9% during 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 during the period. Independent Financial Group LLC purchased a new stake in Global X Defense Tech ETF during the first quarter valued at about $6,698,000. Finally, CFS Investment Advisory Services LLC increased its stake in Global X Defense Tech ETF by 67.3% during the first quarter. CFS Investment Advisory Services LLC now owns 179,757 shares of the company’s stock worth $13,185,000 after acquiring an additional 72,281 shares during the last quarter. 57.57% of the stock is currently owned by institutional investors and hedge funds.

Global X Defense Tech ETF Price Performance

Shares of NYSEARCA:SHLD opened at $60.06 on Monday. The business has a 50-day moving average of $62.94 and a two-hundred day moving average of $69.61. The firm has a market capitalization of $6.74 billion, a PE ratio of -4.96 and a beta of 0.29. Global X Defense Tech ETF has a 12 month low of $57.89 and a 12 month high of $78.49.

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.