Chatterton & Associates Inc. Has $1.56 Million Stock Holdings in Global X Defense Tech ETF $SHLD

Chatterton & Associates Inc. increased its holdings in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 121.0% during the 1st quarter, Holdings Channel.com reports. The fund owned 20,999 shares of the company’s stock after acquiring an additional 11,499 shares during the period. Chatterton & Associates Inc.’s holdings in Global X Defense Tech ETF were worth $1,559,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Signal Advisors Wealth LLC raised its position in Global X Defense Tech ETF by 45.5% in the first quarter. Signal Advisors Wealth LLC now owns 4,831 shares of the company’s stock worth $342,000 after purchasing an additional 1,510 shares in the last quarter. Sweeney & Michel LLC boosted its holdings in Global X Defense Tech ETF by 33.3% during the first quarter. Sweeney & Michel LLC now owns 5,007 shares of the company’s stock valued at $373,000 after purchasing an additional 1,250 shares in the last quarter. Cardinal Point Capital Management ULC acquired a new stake in Global X Defense Tech ETF during the first quarter valued at approximately $393,000. Evolve Private Wealth LLC bought a new stake in shares of Global X Defense Tech ETF in the 1st quarter valued at approximately $600,000. Finally, Nations Financial Group Inc. IA ADV grew its stake in shares of Global X Defense Tech ETF by 14.4% in the 1st 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 during the period. Institutional investors own 57.57% of the company’s stock.

Global X Defense Tech ETF Trading Down 2.8%

Shares of SHLD opened at $58.88 on Thursday. Global X Defense Tech ETF has a 1 year low of $58.08 and a 1 year high of $78.49. The stock has a 50 day simple moving average of $65.80 and a 200-day simple moving average of $70.06. The stock has a market cap of $6.99 billion, a PE ratio of -4.86 and a beta of 0.20.

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.