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Interest in space-related investments takes off with new ETFs Gillian Livingston Published April 13, 2021
A model of the Orion capsule, which will be tasked with the mission of delivering NASA astronauts to the Moon in 2024 and to Mars at a future date. Orion is manufactured by Lockheed Martin, which is included in several space-focused ETFs. (Photo by Jason Connolly / AFP) JASON CONNOLLY/AFP/Getty Images
JASON CONNOLLY/AFP/Getty Images
Space may be “the final frontier,” but it’s becoming easier for financial advisors and their clients to invest in humankind’s desire to explore beyond Earth’s atmosphere.
Three new exchange-traded funds (ETFs) focused on investing in space-oriented equities have launched in the past few weeks. The first was ARK Space Exploration & Innovation ETF ARKX-A from New York-based ARK Investment Management LLC, led by Catherine Wood. It started trading on March 30 and already has US$351-million in assets under management (AUM). Its managemen
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