15,849 Shares in Global X Defense Tech ETF $SHLD Bought by WealthPLAN Partners LLC

WealthPLAN Partners LLC purchased a new stake in Global X Defense Tech ETF (NYSEARCA:SHLD) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 15,849 shares of the company’s stock, valued at approximately $952,000.

Other large investors also recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of Global X Defense Tech ETF by 151.1% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,645,365 shares of the company’s stock worth $329,078,000 after acquiring an additional 2,795,100 shares during the period. Bank of America Corp DE lifted its position in Global X Defense Tech ETF by 30.9% in the 1st quarter. Bank of America Corp DE now owns 9,575,995 shares of the company’s stock valued at $678,363,000 after acquiring an additional 2,262,272 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in Global X Defense Tech ETF in the 1st quarter worth $120,428,000. Wedbush Securities Inc. boosted its stake in Global X Defense Tech ETF by 7,064.6% in the 2nd quarter. Wedbush Securities Inc. now owns 373,205 shares of the company’s stock worth $11,498,000 after purchasing an additional 367,996 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in Global X Defense Tech ETF by 30.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,362,699 shares of the company’s stock worth $81,367,000 after purchasing an additional 318,805 shares during the period. Institutional investors own 57.57% of the company’s stock.

Global X Defense Tech ETF Price Performance

SHLD stock traded up $0.69 during trading hours on Thursday, reaching $60.37. 551,249 shares of the stock were exchanged, compared to its average volume of 1,741,185. The firm’s 50-day moving average is $63.91 and its 200-day moving average is $64.94. The company has a market cap of $6.42 billion, a price-to-earnings ratio of -4.98 and a beta of 0.33. Global X Defense Tech ETF has a 12 month low of $57.89 and a 12 month high of $78.49.

Global X Defense Tech ETF Company 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.