Decker Wealth Management LLC Acquires New Position in Global X Defense Tech ETF $SHLD

Decker Wealth Management LLC bought a new position in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 198,254 shares of the company’s stock, valued at approximately $14,044,000. Global X Defense Tech ETF comprises 3.2% of Decker Wealth Management LLC’s portfolio, making the stock its 8th biggest holding. Decker Wealth Management LLC owned approximately 0.17% of Global X Defense Tech ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of SHLD. Chatterton & Associates Inc. boosted its holdings in shares of Global X Defense Tech ETF by 121.0% during the first quarter. Chatterton & Associates Inc. now owns 20,999 shares of the company’s stock worth $1,559,000 after purchasing an additional 11,499 shares during the last quarter. EWA LLC increased its stake in Global X Defense Tech ETF by 66.8% in the first quarter. EWA LLC now owns 129,631 shares of the company’s stock valued at $9,183,000 after purchasing an additional 51,899 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in Global X Defense Tech ETF by 20.3% during the first quarter. Kestra Private Wealth Services LLC now owns 74,424 shares of the company’s stock worth $5,272,000 after buying an additional 12,537 shares during the period. Beacon Financial Group lifted its position in Global X Defense Tech ETF by 45.2% during the first quarter. Beacon Financial Group now owns 102,549 shares of the company’s stock worth $7,265,000 after buying an additional 31,919 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its position in Global X Defense Tech ETF by 19.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 77,000 shares of the company’s stock worth $4,989,000 after buying an additional 12,702 shares during the period. 57.57% of the stock is owned by hedge funds and other institutional investors.

Global X Defense Tech ETF Stock Performance

Shares of NYSEARCA:SHLD opened at $60.06 on Monday. The firm has a market cap of $6.74 billion, a price-to-earnings ratio of -4.96 and a beta of 0.29. The stock’s 50-day moving average price is $62.94 and its two-hundred day moving average price is $69.61. Global X Defense Tech ETF has a 12-month low of $57.89 and a 12-month 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.