HighTower Advisors LLC Cuts Position in SPDR Kensho Future Security ETF (NYSEARCA:FITE)

HighTower Advisors LLC trimmed its position in shares of SPDR Kensho Future Security ETF (NYSEARCA:FITE) by 4.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,580 shares of the company’s stock after selling 394 shares during the period. HighTower Advisors LLC owned approximately 0.84% of SPDR Kensho Future Security ETF worth $531,000 at the end of the most recent reporting period.

Separately, CoreCap Advisors LLC acquired a new position in SPDR Kensho Future Security ETF during the 2nd quarter worth $785,000.

SPDR Kensho Future Security ETF Stock Up 1.6 %

Shares of NYSEARCA FITE opened at $67.06 on Friday. The stock has a market cap of $68.40 million, a P/E ratio of 31.80 and a beta of 1.04. The firm’s 50-day simple moving average is $65.88 and its 200 day simple moving average is $60.97. SPDR Kensho Future Security ETF has a fifty-two week low of $52.82 and a fifty-two week high of $69.71.

SPDR Kensho Future Security ETF Profile

The SPDR S&P Kensho Future Security ETF (FITE) is an exchange-traded fund that is based on the S&P Kensho Future Security index. The fund tracks an index of US stocks supporting technological innovations in future military and security applications. FITE was launched on Dec 26, 2017 and is managed by State Street.