TSA Wealth Managment LLC Increases Stock Holdings in Global X Defense Tech ETF $SHLD

TSA Wealth Managment LLC grew its holdings in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 70.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,467 shares of the company’s stock after purchasing an additional 31,524 shares during the period. Global X Defense Tech ETF comprises about 1.8% of TSA Wealth Managment LLC’s portfolio, making the stock its 19th biggest position. TSA Wealth Managment LLC owned about 0.06% of Global X Defense Tech ETF worth $5,417,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Rockefeller Capital Management L.P. lifted its position in shares of Global X Defense Tech ETF by 19.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 77,000 shares of the company’s stock worth $4,989,000 after purchasing an additional 12,702 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in shares of Global X Defense Tech ETF by 14.4% in the first quarter. Nations Financial Group Inc. IA ADV now owns 10,144 shares of the company’s stock valued at $719,000 after purchasing an additional 1,280 shares in the last quarter. Fortem Financial Group LLC increased its stake in Global X Defense Tech ETF by 1,664.5% during the 1st quarter. Fortem Financial Group LLC now owns 75,873 shares of the company’s stock worth $5,375,000 after buying an additional 71,573 shares during the period. Triad Wealth Partners LLC increased its stake in Global X Defense Tech ETF by 112.9% during the 1st quarter. Triad Wealth Partners LLC now owns 214,036 shares of the company’s stock worth $15,162,000 after buying an additional 113,480 shares during the period. Finally, Terra Nova Asset Management LLC lifted its holdings in Global X Defense Tech ETF by 3.3% during the 1st quarter. Terra Nova Asset Management LLC now owns 24,589 shares of the company’s stock worth $1,742,000 after buying an additional 783 shares in the last quarter. 57.57% of the stock is currently owned by hedge funds and other institutional investors.

Global X Defense Tech ETF Stock Down 0.4%

SHLD stock traded down $0.27 during midday trading on Friday, hitting $61.19. The company’s stock had a trading volume of 645,125 shares, compared to its average volume of 2,048,537. Global X Defense Tech ETF has a 52-week low of $57.89 and a 52-week high of $78.49. The firm has a market capitalization of $6.95 billion, a P/E ratio of -5.05 and a beta of 0.29. The firm has a 50-day simple moving average of $63.62 and a 200-day simple moving average of $69.80.

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.