The commercial space sector hit an inflection point this month.
The ARK Space Exploration & Innovation ETF (CBOE:ARKX) has become a popular parking spot for investors seeking space exposure without waiting for the SpaceX IPO.
As commercial applications in space multiply, investors may find opportunities that extend well beyond a potential SpaceX IPO. Here are some ETFs worth considering.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 8,900 | $144,674.08 | $280,884 | $136,209.92 | 94.15% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 870 | $16,734.22 | $27,213.6 | $10,479.38 | 62.62% |
Jeff Ameen Spire Wealth Management | 917 | $26,180.35 | $29,105.58 | $2,925.23 | 11.17% |
| RS Richard Slavik Newbridge Financial Services Group Inc. | 1,500 | $44,025 | $47,295 | $3,270 | 7.43% |
Kimberly Cappellano Private Wealth Asset Management LLC | 480 | $8,515 | $15,100.8 | $6,585.8 | 77.34% |
| BATS Exchange | US Country |
The fund described is an actively-managed exchange-traded fund (ETF) with a focus on investing in companies that are pivotal in the realm of Space Exploration and Innovation. By dedicating at least 80% of its assets to domestic and foreign equity securities within this thematic area, the fund aims to provide investors with unique exposure to the burgeoning space industry. This includes companies involved in various aspects of space exploration such as satellite communications, space travel, and other innovative technologies designed for utilization beyond Earth's atmosphere. As a non-diversified fund, it places significant investments in a targeted selection of companies, potentially enhancing returns but also increasing risk compared to more diversified options.
This product focuses on investments in common stocks, partnership interests, business trust shares, and other forms of equity in companies active in space exploration and innovation. The aim is to capitalize on the growth potential of companies pioneering technologies and services for space travel, satellite operations, and other extraterrestrial activities.
The fund also extends its portfolio by including equity investments or ownership interests in domestic and international companies geared towards space innovation. This diverse approach allows for exposure to global advancements and breakthroughs in the space sector, potentially offering a wider range of investment opportunities and leveraging international growth dynamics.