Select STOXX Europe Aerospace & Defense ETF (BATS:EUAD) Shares Down 2.2% – Here’s What Happened

Select STOXX Europe Aerospace & Defense ETF (BATS:EUAD) shares fell 2.2% during mid-day trading on Thursday . The company traded as low as $41.96 and last traded at $42.54. 694,484 shares were traded during trading, an increase of 0% from the average session volume of 692,956 shares. The stock had previously closed at $43.51.

Select STOXX Europe Aerospace & Defense ETF Price Performance

The firm’s 50-day moving average price is $45.87 and its 200-day moving average price is $44.33. The stock has a market cap of $982.25 million and a P/E ratio of 38.44.

Institutional Trading of Select STOXX Europe Aerospace & Defense ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. BNP Paribas Financial Markets bought a new position in shares of Select STOXX Europe Aerospace & Defense ETF during the 3rd quarter valued at about $3,480,000. Loomis Sayles & Co. L P grew its position in shares of Select STOXX Europe Aerospace & Defense ETF by 109.8% during the fourth quarter. Loomis Sayles & Co. L P now owns 117,200 shares of the company’s stock valued at $4,938,000 after purchasing an additional 61,350 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of Select STOXX Europe Aerospace & Defense ETF by 32.7% in the second quarter. Marshall Wace LLP now owns 130,496 shares of the company’s stock worth $5,631,000 after purchasing an additional 32,137 shares during the last quarter. Nvwm LLC bought a new stake in shares of Select STOXX Europe Aerospace & Defense ETF in the third quarter worth about $729,000. Finally, Financial Security Advisor Inc. purchased a new stake in shares of Select STOXX Europe Aerospace & Defense ETF in the third quarter worth about $430,000.

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.