Compound Planning Inc. Purchases 10,520 Shares of Global X Defense Tech ETF $SHLD

Compound Planning Inc. grew its holdings in shares of Global X Defense Tech ETF (NYSEARCA:SHLD) by 261.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,548 shares of the company’s stock after buying an additional 10,520 shares during the quarter. Compound Planning Inc.’s holdings in Global X Defense Tech ETF were worth $1,031,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of SHLD. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Global X Defense Tech ETF by 151.1% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,645,365 shares of the company’s stock worth $329,078,000 after acquiring an additional 2,795,100 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Global X Defense Tech ETF during the 1st quarter worth approximately $120,428,000. Sanctuary Advisors LLC increased its position in Global X Defense Tech ETF by 41.1% in the first quarter. Sanctuary Advisors LLC now owns 770,947 shares of the company’s stock worth $54,614,000 after buying an additional 224,582 shares during the last quarter. Cetera Investment Advisers increased its holdings in Global X Defense Tech ETF by 27.6% in the 1st quarter. Cetera Investment Advisers now owns 654,029 shares of the company’s stock worth $46,331,000 after acquiring an additional 141,371 shares during the last quarter. Finally, 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. Institutional investors own 57.57% of the company’s stock.

Global X Defense Tech ETF Price Performance

Shares of SHLD stock opened at $63.01 on Monday. Global X Defense Tech ETF has a 1 year low of $57.89 and a 1 year high of $78.49. The stock has a market capitalization of $7.04 billion, a price-to-earnings ratio of -5.20 and a beta of 0.29. The company’s fifty day simple moving average is $62.68 and its two-hundred day simple moving average is $69.44.

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.