What Happened
Investors Take Notice Of Growing Defense And Space Trade
The aerospace and defense trade is taking investors deeper into space, with more ETFs entering the market. VettaFi’s head of research, Cinthia Murphy, notes that space is a significant part of aerospace and defense ETFs, citing the Procure Space ETF and Global X Defense Tech ETF as examples. Murphy expects investor interest in aerospace and defense stocks to persist due to geopolitical tensions and new technologies. This was reported by CNBC.