285,769 Global X Defense Tech ETF $SHLD Shares Sold by Sigma Planning Corp

Sigma Planning Corp lessened its position in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 95.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,714 shares of the company’s stock after selling 285,769 shares during the quarter. Sigma Planning Corp’s holdings in Global X Defense Tech ETF were worth $789,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in SHLD. Centerpoint Advisory Group increased its holdings in Global X Defense Tech ETF by 74.7% in the 3rd quarter. Centerpoint Advisory Group now owns 10,233 shares of the company’s stock valued at $615,000 after purchasing an additional 4,375 shares during the last quarter. Beacon Capital Management LLC boosted its position in shares of Global X Defense Tech ETF by 14.4% during the third quarter. Beacon Capital Management LLC now owns 98,714 shares of the company’s stock worth $5,931,000 after buying an additional 12,410 shares during the period. Corecam Pte. Ltd. acquired a new stake in shares of Global X Defense Tech ETF in the third quarter valued at $1,030,000. Citizens Financial Group Inc. RI acquired a new position in Global X Defense Tech ETF during the 3rd quarter worth about $1,254,000. Finally, Simplicity Wealth LLC lifted its stake in Global X Defense Tech ETF by 7.3% during the 3rd quarter. Simplicity Wealth LLC now owns 4,745 shares of the company’s stock worth $285,000 after acquiring an additional 324 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 Performance

NYSEARCA SHLD opened at $63.78 on Friday. The firm has a market cap of $6.64 billion, a price-to-earnings ratio of -5.27 and a beta of 0.33. The firm has a 50 day simple moving average of $62.34 and a 200-day simple moving average of $67.37. Global X Defense Tech ETF has a one year low of $57.89 and a one year high of $78.49.

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.