Hopwood Nicholas Hunter Takes Position in Global X Defense Tech ETF $SHLD

Hopwood Nicholas Hunter acquired a new stake in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 33,339 shares of the company’s stock, valued at approximately $1,991,000.

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

Global X Defense Tech ETF Price Performance

SHLD opened at $62.98 on Friday. The company has a market capitalization of $6.99 billion, a price-to-earnings ratio of -5.20 and a beta of 0.27. Global X Defense Tech ETF has a 1-year low of $57.89 and a 1-year high of $78.49. The business has a 50 day moving average price of $64.51 and a two-hundred day moving average price of $67.73.

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.