Defiance Drone & Modern Warfare ETF (NASDAQ:JEDI) Shares Up 0.3% – Here’s What Happened

Defiance Drone & Modern Warfare ETF (NASDAQ:JEDI)’s share price was up 0.3% during trading on Thursday . The stock traded as high as $31.25 and last traded at $30.99. Approximately 216,047 shares changed hands during mid-day trading, an increase of 29% from the average session volume of 166,916 shares. The stock had previously closed at $30.90.

Defiance Drone & Modern Warfare ETF Stock Performance

The business has a 50-day moving average of $31.69 and a 200-day moving average of $27.70.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Defiance Drone & Modern Warfare ETF stock. Williams Jones Wealth Management LLC. purchased a new stake in shares of Defiance Drone & Modern Warfare ETF (NASDAQ:JEDI) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 153,250 shares of the ETF’s stock, valued at approximately $3,719,000. Williams Jones Wealth Management LLC. owned about 7.48% of Defiance Drone & Modern Warfare ETF at the end of the most recent reporting period.

Defiance Drone & Modern Warfare ETF (NASDAQ: JEDI) is a U.S.-listed exchange-traded fund issued by Defiance ETFs that provides investors with targeted exposure to companies involved in unmanned aerial systems, defense technologies and related modern warfare capabilities. The fund is positioned as a thematic vehicle, connecting investors to businesses that design, manufacture, or support drones, autonomous systems, sensors, command-and-control platforms, and other advanced military and security technologies.

Holdings typically span parts of the defense and aerospace supply chains as well as civilian companies that develop dual-use technologies (such as advanced electronics, artificial intelligence, robotics, and cybersecurity) that can be applied to modern military operations.