Significant ETF Withdrawals Observed - SPMO, RTX, WFC, CME
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 13 2025
0mins
Source: NASDAQ.COM
SPMO Share Price Analysis: SPMO's 52-week low is $78.25 and high is $124.555, with the last trade recorded at $119.16, indicating a strong position within its range.
Understanding ETFs: Exchange traded funds (ETFs) function like stocks, where investors buy and sell "units" that can be created or destroyed based on demand, impacting the underlying assets.
Monitoring ETF Flows: Weekly analysis of shares outstanding helps identify ETFs with significant inflows (new units created) or outflows (units destroyed), which can affect the individual components of the ETFs.
Disclaimer on Views: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
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Analyst Views on RTX
Wall Street analysts forecast RTX stock price to fall
14 Analyst Rating
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 206.520
Low
168.00
Averages
195.77
High
215.00
Current: 206.520
Low
168.00
Averages
195.77
High
215.00
About RTX
RTX Corporation is an aerospace and defense company, which provides advanced systems and services for commercial, military, and government customers worldwide. The Company operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace segment provides technologically advanced aerospace and defense products and aftermarket service solutions for civil and military aircraft manufacturers, commercial airlines, and regional, business and general aviation, as well as for defense and commercial space operations. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers. The Raytheon segment provides defensive and offensive threat detection, tracking and mitigation capabilities for the United States and foreign government and commercial customers. The Raytheon designs, develops, and provides advanced capabilities in integrated air and missile defense, smart weapons, missiles and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Increased Budget Request: The Pentagon is preparing a supplemental budget request of approximately $50 billion to replenish weapons used in conflicts in Ukraine and Israel, highlighting the urgency of addressing inventory shortages.
- Production Priority Enhancement: The administration has intensified pressure on contractors to prioritize production, especially after deploying systems like Tomahawk missiles and F-35 stealth fighters, ensuring timely fulfillment of military needs.
- Impact of Executive Order: An executive order signed earlier this year directs the Pentagon to identify companies lagging on contracts, potentially leading to enforcement actions to ensure production efficiency, reflecting the government's strong commitment to defense manufacturing.
See More
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- Drone Market Growth: Analysts indicate that the Ukraine-Russia war has driven demand for drone systems, which is expected to enhance the sector's attractiveness, particularly as U.S. investment in unmanned systems increases.
- Rising Demand for Counter-Drone Tech: With Iran deploying low-cost long-range drones against U.S. targets, BTIG analysts note that production and distribution of counter-drone systems are increasing to address escalating threats, with AeroVironment and Leonardo DRS positioned as primary beneficiaries.
- Increased Defense Budget: The fiscal 2025 National Defense Authorization Act raised the budget for counter-drone programs by approximately $336 million, reflecting the U.S. government's commitment to unmanned systems, especially in countering emerging threats.
- Optimistic Market Outlook: AeroVironment is projected to capture hundreds of millions in market opportunities, particularly after the U.S. military selected its counter-drone systems, and analysts' strong buy ratings reflect confidence in the company's future growth prospects.
See More
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- Market Volatility Warning: Despite major indices rebounding from their lows on Tuesday, investors are advised to tread carefully as the Dow Jones Industrial Average plummeted over 1,200 points at one point, ultimately closing down 400 points, indicating market instability.
- Global Market Impact: The South Korean Kospi index crashed by 12% on Tuesday after a 7% drop on Monday, marking its largest single-day decline since 1985, reflecting significant losses in global markets due to geopolitical tensions.
- Investment Strategy Recommendations: JPMorgan advises clients to remain long on energy and the dollar index amid elevated geopolitical risks, while suggesting a focus on aerospace and defense stocks within equities to navigate market uncertainties.
- Energy Market Performance: U.S. crude futures have risen by 10% this week, and the S&P 500 energy sector has climbed 1%, indicating that energy assets retain defensive qualities and attractiveness amidst market turmoil.
See More
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- Operation Update: Defense Secretary Pete Hegseth and Joint Chiefs Chair Dan Caine held a news conference to provide updates on Operation "Epic Fury."
- Public Communication: The conference aimed to inform the American public about the current status and objectives of the military operation.
See More
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- Accelerating Weapons Production: The White House plans to meet with defense contractor executives on Friday to discuss expediting weapons production amid diminishing stockpiles due to the U.S.-Israel conflict, highlighting the government's commitment to national defense capabilities.
- Financial Commitment: The 2025 reconciliation bill includes $25 billion allocated for munitions procurement and production increases, indicating a strong fiscal commitment from the government to ensure sustained military supply capabilities.
- Production Goals: RTX has secured a deal to ramp up its annual production of Tomahawk missiles to 1,000 units, reflecting the company's strategic decision to meet the rising military demand effectively.
- Supplemental Budget Request: Deputy Defense Secretary Steve Feinberg is working on a supplemental budget request of around $50 billion to replace weapons used in recent conflicts, demonstrating a proactive approach to future military operations and resource allocation.
See More
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- US Market Decline: Concurrently, US markets also faced significant declines, with the S&P 500 slipping about 0.94% and the Dow dropping over 1,200 points at one point before closing down 0.83%, indicating a sensitive market reaction to international developments.
- Defense Industry Meeting: Executives from US defense contractors Lockheed Martin and RTX are expected to meet with White House officials on Friday to discuss accelerating weapons production, which could positively impact defense spending and the stock prices of related companies.
- China's Manufacturing Slowdown: China's official manufacturing purchasing managers' index fell to 49 in February, missing economists' forecast of 49.1, indicating a slowdown in manufacturing activity due to production and cargo shipment pauses for the holiday, which may affect global supply chain stability.
See More
