(FITE) SPDR S&P Kensho Future - Ratings and Ratios

The SPDR S&P Kensho Future Security ETF (FITE) is designed to track the performance of the S&P Kensho Future Security Index. Under normal market conditions, the fund invests at least 80% of its total assets in the securities included in the index. The index focuses on companies involved in the Future Security sector, which includes firms engaged in cybersecurity, surveillance, border security, and infrastructure resilience. These companies are identified using a proprietary classification system developed by the index provider. The fund holds U.S.-listed equity securities, including depositary receipts, of companies domiciled in both developed and emerging markets worldwide.

Based on the provided data, the funds technical indicators suggest short-term weakness. The last price of $64.17 is below the 20-day ($68.85) and 50-day ($68.58) moving averages but remains above the 200-day ($62.46) moving average, indicating a potential near-term downtrend. The average true range (ATR) of 1.23 reflects moderate volatility. The funds assets under management (AUM) of $91.56 million indicate a relatively small fund size, which may contribute to lower trading volume (20-day average of 7,543 shares). Over the next three months, FITE is likely to experience continued volatility, with potential support near the 200-day moving average. The funds performance will depend on broader market conditions and sector-specific developments in the Future Security space.