Sharkey, Howes & Javer (SHJ) Wealth Advisors has made a notable move by acquiring 311,318 shares of the iShares Defense Industrials Active ETF (NASDAQ: IDEF), valued at approximately $10.19 million. This new position, reported in a recent SEC filing, contributes to a 1.37% increase in SHJ’s 13F reportable assets under management, reflecting both the purchase and price changes for the ETF.
The acquisition is significant as IDEF has already delivered impressive total returns of 35% since its launch in May 2025, outperforming the S&P 500. This ETF offers investors exposure to a diversified portfolio of defense and industrial companies, including next-gen defense stocks. With global military spending projected to double by 2035, SHJ’s investment signals confidence in the continued growth and modernization of the defense sector.
For market professionals, SHJ’s investment in IDEF underscores the ETF’s potential as a strategic play in a sector poised for expansion. However, the ETF’s 0.55% expense ratio is a consideration for long-term investors looking to maximize returns.
Source: nasdaq.com