SHJ Wealth Advisors Opens $10 Million Position in iShares Defense Industrials Active ETF (IDEF)

By Josh Kohn-Lindquist – Apr 8, 2026 at 10:18PM ESTKey PointsSHJ acquired 311,318 shares in a new position; estimated trade size $10.19 million based on quarterly average price.Quarter-end position value increased by $10.19 million, reflecting both the stake purchase and relevant price changes.The position represents a 1.37% increase in the fund’s 13F reportable assets under management.Post-trade, the fund holds 311,318 shares valued at $10.19 million.IDEF enters the portfolio but is not among Sharkey, Howes & Javer's top five holdings by value.What happenedAccording to a SEC filing dated April 8, 2026, Sharkey, Howes & Javer (SHJ) Wealth Advisors reported a new holding of 311,318 shares in iShares Defense Industrials Active ETF (IDEF +2.95%). The estimated transaction value was approximately $10.19 million, calculated using the average closing price for the first quarter of 2026. The quarter-end position value also rose by $10.19 million, combining the share acquisition and price effects.What else to knowThis trade opens a new position, representing 1.37% of Sharkey, Howes & Javer’s 13F reportable assets under management.Top holdings after the filing:iShares Core S&P 500 ETF: $70.97 million (9.6% of AUM)iShares Core Total USD Bond Market ETF: $45.44 million (6.1% of AUM)iShares U.S.

Equity Factor Rotation Active ETF: $43.62 million (5.9% of AUM)iShares S&P 500 Growth ETF: $41.95 million (5.7% of AUM)iShares S&P 500 Value ETF: $39.62 million (5.3% of AUM)The iShares Defense Industrials Active ETF (IDEF) has delivered total returns of 35% since its debut in May 2025, doubling the S&P 500’s returns over the same time.ETF overviewMetricValueExpense Ratio0.55%AUM$3.27 billionDividend Yieldn/aPrice (as of market close April 8, 2026)33.97ETF snapshotIDEF:Offers exposure to companies in the defense and industrials sectors through an actively managed ETF structure.Generates revenue primarily from management fees and investment returns by allocating capital across selected defense and industrial equities.Targets institutional and individual investors seeking diversified access to the defense and industrials segments of public markets.iShares Defense Industrials Active ETF provides investors with a vehicle to access a curated portfolio of defense and industrial companies. The fund leverages BlackRock's active management expertise to identify opportunities within these sectors, aiming to deliver risk-adjusted returns. Its competitive advantage lies in the combination of sector specialization and the resources of a leading global asset manager.What this transaction means for investorsSHJ Wealth Advisors’ purchase of iShares Defense Industrials Active ETF (IDEF) is interesting for Foolish investors for a few reasons. First, SHJ has held most of its top positions for multiple years, so there is good reason to think that this may also be a long-term holding for the firm. Second, the firm’s purchase is quite sizable. While it may not be a top-five position, it already accounts for 1.4% of SHJ’s portfolio after just one opening purchase.Lastly, SHJ’s purchase is noteworthy due to its timing. IDEF has already delivered total returns of 35% since May 2025, yet the firm still believes the best is yet to come. As the broader defense industry modernizes and many countries focus on beefing up their military independence, the IDEF ETF is rather interesting right now. The U.N. projects that global military spending could more than double by 2035, providing a stable tailwind for IDEF.IDEF not only offers investors a diverse array of traditional defense primes but also provides exposure to next-gen defense stocks such as Palantir (AI-powered software platforms), Rocket Lab (launch services and space systems), and BWX Technologies (nuclear components). That said, while I like the ETF’s holdings, investors should be aware that IDEF’s 0.55% expense ratio is somewhat lofty and will eat into total returns over the long haul. However, for investors not interested in buying individual defense stocks, IDEF is a logical solution -- and it makes a lot of sense in SHJ’s portfolio.Read NextApr 8, 2026 •By Dave KovaleskiInvestment Adviser Dumps Shares of Large-Cap ETFApr 8, 2026 •By Robert IzquierdoPitney Bowes' CEO Sold Company Shares Worth $2.2 Million. Here's What This Means for Investors.Apr 8, 2026 •By Robert IzquierdoIs Callaway Golf Stock a Buy After O'Keefe Stevens Advisory Increased Its Stake to 1.2 Million Shares?Apr 8, 2026 •By Andy GouldTango Therapeutics President Sells 27,000 Shares for $572,000 as Share Price SkyrocketsApr 8, 2026 •By Jake LerchInvestment Manager Bets Big on HTO With $10 Million Buy, According to Recent SEC FilingApr 8, 2026 •By Jonathan PoncianoInvestor Sells Entire Tri Pointe Homes Stake Amid 55% Stock Surge and Pending DealAbout the AuthorJosh Kohn-Lindquist is a contributing Motley Fool stock market analyst covering consumer goods, industrials, and technology stocks. Previously, Josh was a senior mutual fund accountant at Gemini Fund Services. He holds a bachelor’s degree in business management from the University of South Dakota.TMFJorykoX@JorykoliStocks MentionedBlackRock ETF Trust - iShares Defense Industrials Active ETFNASDAQ: IDEF$34.91(+2.95%)+$1.00*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.