Wealth Advisor Invests $15.6 Million in Defense ETF Amid Geopolitical Tensions

Icon Wealth Advisors acquired a new position of 480,800 shares ($15.6 million) in the iShares Defense Industrials Active ETF (IDEF), likely influenced by heightened geopolitical tensions with Iran.

By Sara Appino · Motley Fool · May 12, 2026, 14:39 UTC

Wealth Advisor Invests $15.6 Million in Defense ETF Amid Geopolitical Tensions

Tickers: $IDEF

Topics: 13F filing etf investment

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