This $27 Million ETF Purchase Shows How Investors Are Taking Advantage of Surge in Global Defense Spending
On May 7, 2026, Wharton Business Group revealed a new position in the iShares Defense Industrials Active ETF (NASDAQ:IDEF)acquiring 804,617 shares in a transaction estimated at 27.15 million dollars according to the quarterly average price. What happened According to its SEC filing on May 7, 2026, Wharton Business Group opened a new position in the…