Sanctuary Advisors LLC Increases Stake in Global X Defense Tech ETF $SHLD

Sanctuary Advisors LLC raised its holdings in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 41.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 770,947 shares of the company’s stock after purchasing an additional 224,582 shares during the quarter. Sanctuary Advisors LLC’s holdings in Global X Defense Tech ETF were worth $54,614,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC increased its stake 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 worth $15,162,000 after purchasing an additional 113,480 shares in the last quarter. CFS Investment Advisory Services LLC lifted its stake in shares of Global X Defense Tech ETF by 67.3% during the 1st quarter. CFS Investment Advisory Services LLC now owns 179,757 shares of the company’s stock valued at $13,185,000 after buying an additional 72,281 shares in the last quarter. Fortem Financial Group LLC boosted its holdings in Global X Defense Tech ETF by 1,664.5% in the 1st quarter. Fortem Financial Group LLC now owns 75,873 shares of the company’s stock worth $5,375,000 after buying an additional 71,573 shares during the period. Horst & Graben Wealth Management LLC grew its stake in Global X Defense Tech ETF by 74.5% in the 1st quarter. Horst & Graben Wealth Management LLC now owns 154,953 shares of the company’s stock valued at $10,456,000 after buying an additional 66,173 shares in the last quarter. Finally, HBW Advisory Services LLC grew its stake in Global X Defense Tech ETF by 333.9% in the 1st quarter. HBW Advisory Services LLC now owns 78,996 shares of the company’s stock valued at $5,596,000 after buying an additional 60,790 shares in the last quarter. Institutional investors own 57.57% of the company’s stock.

Global X Defense Tech ETF Price Performance

Global X Defense Tech ETF stock opened at $60.22 on Wednesday. Global X Defense Tech ETF has a one year low of $57.89 and a one year high of $78.49. The business has a fifty day moving average price of $63.32 and a 200-day moving average price of $69.74. The firm has a market capitalization of $6.79 billion, a P/E ratio of -4.97 and a beta of 0.29.

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.