Select STOXX Europe Aerospace & Defense ETF (BATS:EUAD) Shares Up 1.3% – Should You Buy?

Select STOXX Europe Aerospace & Defense ETF (BATS:EUAD)’s stock price was up 1.3% on Monday . The company traded as high as $44.10 and last traded at $43.51. Approximately 182,083 shares were traded during trading, a decline of 65% from the average session volume of 521,613 shares. The stock had previously closed at $42.97.

Select STOXX Europe Aerospace & Defense ETF Stock Up 1.3%

The company’s 50 day moving average price is $41.66 and its two-hundred day moving average price is $43.16. The firm has a market cap of $1.00 billion and a PE ratio of 38.44.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Roxbury Financial LLC purchased a new position in Select STOXX Europe Aerospace & Defense ETF during the first quarter valued at approximately $27,000. Strategic Advocates LLC grew its stake in Select STOXX Europe Aerospace & Defense ETF by 97.5% in the fourth quarter. Strategic Advocates LLC now owns 1,327 shares of the company’s stock valued at $56,000 after purchasing an additional 655 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Select STOXX Europe Aerospace & Defense ETF by 55.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,958 shares of the company’s stock worth $82,000 after purchasing an additional 700 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of Select STOXX Europe Aerospace & Defense ETF by 15.7% during the first quarter. Parallel Advisors LLC now owns 3,174 shares of the company’s stock valued at $129,000 after buying an additional 430 shares during the last quarter. Finally, PeakShares LLC purchased a new stake in shares of Select STOXX Europe Aerospace & Defense ETF during the first quarter valued at about $132,000.

About Select STOXX Europe Aerospace & Defense ETF

The Select STOXX Europe Aerospace & Defense ETF (EUAD) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a narrow index of European stocks, or ADRs of companies headquartered in Europe, who derive a significant portion of their revenue from the aerospace and defense industry. Holdings are weighted based on market-cap. EUAD was launched on Oct 22, 2024 and is issued by Tuttle Capital.