Select STOXX Europe Aerospace & Defense ETF (BATS:EUAD) Trading Up 71.1% – Time to Buy?

Select STOXX Europe Aerospace & Defense ETF (BATS:EUAD) shares shot up 71.1% during mid-day trading on Tuesday . The company traded as high as $26.6750 and last traded at $45.4730. 3,786 shares traded hands during trading, a decline of 99% from the average session volume of 377,576 shares. The stock had previously closed at $26.58.

Select STOXX Europe Aerospace & Defense ETF Stock Up 71.1%

The firm has a fifty day moving average of $43.90 and a two-hundred day moving average of $43.66.

Hedge Funds Weigh In On Select STOXX Europe Aerospace & Defense ETF

Several institutional investors have recently bought and sold shares of EUAD. Strategic Advocates LLC purchased a new stake in Select STOXX Europe Aerospace & Defense ETF during the third quarter worth $32,000. Farther Finance Advisors LLC lifted its stake in shares of Select STOXX Europe Aerospace & Defense ETF by 82.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,258 shares of the company’s stock worth $59,000 after purchasing an additional 570 shares during the last quarter. NBT Bank N A NY boosted its position in Select STOXX Europe Aerospace & Defense ETF by 283.6% during the second quarter. NBT Bank N A NY now owns 1,400 shares of the company’s stock valued at $60,000 after purchasing an additional 1,035 shares in the last quarter. SSA Swiss Advisors AG purchased a new position in Select STOXX Europe Aerospace & Defense ETF in the second quarter valued at about $76,000. Finally, Landaas & Co. WI ADV bought a new position in Select STOXX Europe Aerospace & Defense ETF in the third quarter worth about $246,000.

Select STOXX Europe Aerospace & Defense ETF Company Profile

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.