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

HighTower Advisors LLC trimmed its position in SPDR Kensho Future Security ETF (NYSEARCA:FITE) by 11.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,634 shares of the company’s stock after selling 946 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR Kensho Future Security ETF were worth $511,000 at the end of the most recent quarter.

Separately, WealthCare Investment Partners LLC bought a new stake in SPDR Kensho Future Security ETF during the fourth quarter valued at $282,000.

SPDR Kensho Future Security ETF Stock Down 2.2 %

SPDR Kensho Future Security ETF stock opened at $63.41 on Monday. The stock has a market cap of $83.70 million, a price-to-earnings ratio of 28.82 and a beta of 0.96. The business has a 50-day simple moving average of $67.60 and a 200 day simple moving average of $65.98. SPDR Kensho Future Security ETF has a 52 week low of $53.25 and a 52 week high of $72.79.

SPDR Kensho Future Security ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued a dividend of $0.0509 per share. The ex-dividend date was Monday, March 24th.

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.