Spectrum Strategic Capital Management LLC acquired a new position in shares of PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 51,687 shares of the company’s stock, valued at approximately $2,268,000. PLUS Korea Defense Industry Index ETF accounts for about 1.2% of Spectrum Strategic Capital Management LLC’s holdings, making the stock its 21st biggest holding. Spectrum Strategic Capital Management LLC owned 2.12% of PLUS Korea Defense Industry Index ETF as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently bought and sold shares of KDEF. Militia Capital Partners LP purchased a new position in PLUS Korea Defense Industry Index ETF during the third quarter worth $240,000. TD Waterhouse Canada Inc. purchased a new position in PLUS Korea Defense Industry Index ETF during the third quarter worth $331,000. Pekin Hardy Strauss Inc. boosted its stake in PLUS Korea Defense Industry Index ETF by 9.1% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 12,000 shares of the company’s stock worth $527,000 after buying an additional 1,000 shares during the period. Finally, Jane Street Group LLC purchased a new position in PLUS Korea Defense Industry Index ETF during the first quarter worth $1,352,000.
PLUS Korea Defense Industry Index ETF Price Performance
NYSEARCA KDEF opened at $52.89 on Monday. The company has a fifty day moving average of $58.86 and a two-hundred day moving average of $52.90. The firm has a market capitalization of $170.83 million, a price-to-earnings ratio of 23.08 and a beta of 1.76. PLUS Korea Defense Industry Index ETF has a 52 week low of $31.51 and a 52 week high of $67.41.
About PLUS Korea Defense Industry Index ETF
The PLUS Korea Defense Industry Index ETF (KDEF) is an exchange-traded fund that is based on the Korea Defense Industry index. The fund is passively managed to track an index which provides concentrated exposure to Koreas leading defense companies. The fund uses an AI program to identify, score and select companies for industry relevance KDEF was launched on Feb 5, 2025 and is issued by PLUS.
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