World Investment Advisors Sells 14,147 Shares of Global X Defense Tech ETF $SHLD

World Investment Advisors decreased its stake in Global X Defense Tech ETF (NYSEARCA:SHLD) by 34.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 27,422 shares of the company’s stock after selling 14,147 shares during the quarter. World Investment Advisors’ holdings in Global X Defense Tech ETF were worth $1,777,000 at the end of the most recent reporting period.

Global X Defense Tech ETF Stock Performance

Shares of NYSEARCA:SHLD opened at $62.30 on Friday. Global X Defense Tech ETF has a 52-week low of $57.14 and a 52-week high of $78.49. The company has a market capitalization of $7.39 billion, a PE ratio of -5.14 and a beta of 0.20. The company has a fifty day moving average of $66.63 and a 200-day moving average of $70.04.

Global X Defense Tech ETF Profile

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.