SPDR Kensho Future Security ETF $FITE Shares Sold by Frederick Financial Consultants LLC

Frederick Financial Consultants LLC decreased its stake in shares of SPDR Kensho Future Security ETF (NYSEARCA:FITE) by 3.6% in the third quarter, Holdings Channel reports. The institutional investor owned 136,987 shares of the company’s stock after selling 5,143 shares during the quarter. SPDR Kensho Future Security ETF accounts for about 6.3% of Frederick Financial Consultants LLC’s holdings, making the stock its 3rd biggest position. Frederick Financial Consultants LLC owned approximately 0.10% of SPDR Kensho Future Security ETF worth $15,181,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Toth Financial Advisory Corp bought a new stake in SPDR Kensho Future Security ETF in the third quarter worth $45,000. Integrated Wealth Concepts LLC purchased a new stake in shares of SPDR Kensho Future Security ETF in the second quarter worth $52,000. Phillip James Consulting Co. bought a new position in shares of SPDR Kensho Future Security ETF during the first quarter valued at $109,000. Bank of America Corp DE increased its holdings in shares of SPDR Kensho Future Security ETF by 100.3% during the first quarter. Bank of America Corp DE now owns 2,854 shares of the company’s stock valued at $244,000 after acquiring an additional 1,429 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of SPDR Kensho Future Security ETF by 206.1% during the first quarter. Cetera Investment Advisers now owns 10,157 shares of the company’s stock valued at $869,000 after acquiring an additional 6,839 shares in the last quarter.

SPDR Kensho Future Security ETF Price Performance

FITE opened at $108.02 on Tuesday. The stock has a 50-day moving average price of $110.09 and a 200-day moving average price of $102.58. The firm has a market cap of $151.23 million, a PE ratio of 29.07 and a beta of 1.03. SPDR Kensho Future Security ETF has a 1 year low of $77.72 and a 1 year high of $120.45.

About SPDR Kensho Future Security ETF

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.