🔴 State Street SPDR S&P Kensho Final Frontiers ETF is trading 6% down today on profit-taking and rotation out of space and defense stocks

State Street SPDR S&P Kensho Final Frontiers ETF is trading 6% down in after-hours trading as investors rotate out of high-beta space and defense plays following a period of intense volatility.

• The ETF is seeing significant profit-taking after a recent surge fueled by the blockbuster SpaceX IPO and broader momentum in frontier technologies.
• Despite broader market indices finishing higher, the industrials-focused fund is under pressure as capital shifts away from the aerospace and defense sectors.