PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEF) Shares Up 3.7% – Should You Buy?

PLUS Korea Defense Industry Index ETF (NYSEARCA:KDEFGet Free Report) shot up 3.7% during mid-day trading on Wednesday . The stock traded as high as $44.69 and last traded at $44.30. Approximately 34,861 shares were traded during trading, a decline of 73% from the average daily volume of 129,468 shares. The stock had previously closed at $42.71.

PLUS Korea Defense Industry Index ETF Trading Down 6.0%

The firm has a fifty day simple moving average of $41.81 and a two-hundred day simple moving average of $51.41. The firm has a market cap of $108.64 million, a PE ratio of 23.08 and a beta of 1.55.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Pekin Hardy Strauss Inc. grew its position in PLUS Korea Defense Industry Index ETF by 9.1% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 12,000 shares of the company’s stock worth $527,000 after purchasing an additional 1,000 shares during the period. TD Waterhouse Canada Inc. boosted its position in PLUS Korea Defense Industry Index ETF by 30.5% in the fourth quarter. TD Waterhouse Canada Inc. now owns 8,674 shares of the company’s stock worth $377,000 after purchasing an additional 2,028 shares during the last quarter. Militia Capital Partners LP bought a new position in shares of PLUS Korea Defense Industry Index ETF in the 3rd quarter worth approximately $240,000. Helios Capital Management PTE. Ltd. purchased a new position in shares of PLUS Korea Defense Industry Index ETF during the 1st quarter worth $791,000. Finally, OLD Mission Capital LLC bought a new stake in shares of PLUS Korea Defense Industry Index ETF during the 4th quarter valued at $745,000.

About PLUS Korea Defense Industry Index ETF

(Get Free Report)

The PLUS Korea Defense Industry Index ETF (KDEF) is an exchange-traded fund that is based on the Korea Defense Industry index. The fund is passively managed to track an index which provides concentrated exposure to Koreas leading defense companies. The fund uses an AI program to identify, score and select companies for industry relevance KDEF was launched on Feb 5, 2025 and is issued by PLUS.

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