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.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy RTX?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on RTX
Wall Street analysts forecast RTX stock price to rise
14 Analyst Rating
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 174.850
Low
168.00
Averages
195.77
High
215.00
Current: 174.850
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.
RTX Unveils Self-Healing Communication System for Combat Support Operations
- Self-Healing Communication System: RTX BBN Technologies' PACE4ACE system demonstrates the ability to maintain data flow during network disruptions, ensuring secure combat air support operations, reflecting the Pentagon's focus on sustaining communications in contested environments.
- Multi-Network Switching Capability: The system can automatically switch between military and commercial communication links, including satellite connections and tactical radios, ensuring that when high-capacity links are jammed, the system can instantly switch to the next viable waveform, thus keeping operational applications synchronized.
- Reducing Operational Burden: The system aims to alleviate the burden on warfighters operating under degraded communication conditions, ensuring that critical data does not disappear during jamming, thereby enhancing combat effectiveness in complex environments.
- Low Power Design: The PACE4ACE system features a low size, weight, and power footprint, allowing it to operate in more constrained environments while supporting multiple communication bands and integrating with existing mission systems, thus enhancing its applicability and flexibility.
See More
RTX Demonstrates Self-Healing Network System for Secure Communications
- Self-Healing Technology: RTX's PACE4ACE system demonstrates self-healing capabilities in military and commercial communications, ensuring continuous secure data flow even when networks are jammed or unavailable, thereby enhancing operational reliability and efficiency for combat support.
- Real-Time Switching Capability: During the demonstration, the system automatically switched to the next viable waveform when high-capacity links were jammed, maintaining continuous connectivity among four geographically dispersed sites, which enhances mission execution safety and information synchronization.
- Support for Multiple Communication Pathways: The system is designed to operate across various communication methods, including satellite links and low-power tactical radios, showcasing its adaptability in contested environments and aligning with the U.S. Air Force's Agile Combat Employment concept.
- Strategic Collaboration and R&D: This technology demonstration was funded by the U.S. Air Force Research Laboratory and involved multi-party technical support from Florida and Canada, reflecting RTX's commitment to innovation and research capabilities in national security.
See More
RTX Demonstrates Self-Healing Communication System for Military Use
- Self-Healing Communication System: RTX's PACE4ACE system successfully demonstrated its ability to maintain data flow during military exercises even when networks are jammed, ensuring continuous communication for combat air support, thereby enhancing operational efficiency and reliability.
- Multichannel Support: The system supports diverse communication channels, including satellite links and low-power tactical radios, automatically switching to the next viable waveform when high-capacity links are jammed, ensuring that warfighters' situational awareness remains unaffected.
- Dynamic Routing Capability: PACE4ACE's dynamic real-time routing feature maintains performance as conditions change, simplifying integration with common mission systems and enhancing the system's adaptability and flexibility.
- Strategic Implications: This demonstration validates the U.S. Air Force's Agile Combat Employment (ACE) concept, indicating that dispersed air support units can maintain secure communications across any combination of satellite, radio, or low-power links, thereby strengthening the feasibility of future military operations.
See More
Pentagon Places Largest Drone Order in U.S. History
- Drone Order Scale: The Pentagon has placed the largest drone order in U.S. history, with plans to acquire 30,000 one-way attack drones and scale up to 300,000 by 2028, significantly enhancing U.S. competitiveness in unmanned warfare.
- Rare Earth Supply Chain Risk: Each drone relies on rare earth magnets, with approximately 98% of production controlled by China, posing a potential supply chain crisis that could impact U.S. defense capabilities.
- Strategic Position of REalloys: REalloys holds the only non-Chinese 'mine-to-magnet' heavy rare earth supply chain in North America, ensuring no reliance on Chinese inputs at any stage, and is expected to become the largest Western producer of heavy rare earths by 2027 to meet defense needs.
- Defense Budget Support: The 2026 defense budget allocates $13.6 billion for autonomous systems, reflecting the U.S. government's commitment to drones and related technologies; however, resolving the rare earth supply chain issue will require time and technological development, with REalloys positioned at a critical juncture in this transition.
See More
Pentagon Places Largest Drone Order in U.S. History
- Drone Order Scale: The Pentagon has placed the largest drone order in U.S. history, planning to acquire 30,000 one-way attack drones with an expansion target of 300,000 by 2028, significantly enhancing U.S. operational capabilities in drone warfare.
- Rare Earth Supply Chain Risk: Each drone relies on rare earth magnets, with China controlling approximately 98% of their manufacturing; any export restrictions from China could severely impact the military capabilities of the U.S. and its allies, highlighting vulnerabilities in the U.S. supply chain.
- Strategic Position of REalloys: REalloys has established the only fully non-Chinese
See More
Starfighters Space Advances STARLAUNCH Pathway with ILS Engagement
- Strategic Partnership: Starfighters Space has engaged Integrated Launch Solutions to enhance the engineering and technical integration capabilities of the STARLAUNCH pathway, leveraging a team with extensive experience to improve execution capacity for space launches, thereby accelerating the transition from design to actual launch services.
- Surging Market Demand: The defense and space market in 2026 presents unprecedented demand, and Starfighters Space is focused on addressing production capacity gaps, which is expected to drive the company's market share growth in both defense and commercial space sectors, particularly in collaboration with the Pentagon.
- Strengthened Leadership Team: The recent appointments of former Blue Origin executives Jose Arias and Catrina L. Medeiros to key positions enhance the team's technical capabilities, with Arias having previously reduced integration cycle times from 76 days to 13 days, demonstrating his effectiveness in aerospace projects.
- Industry Context Analysis: With RTX, L3Harris, and Boeing reporting record backlogs, Starfighters Space's strategic positioning aims to capitalize on this trend, enhancing its competitive edge and ensuring a favorable position in future defense spending.
See More
RTX Unveils Self-Healing Communication System for Combat Support Operations
- Self-Healing Communication System: RTX BBN Technologies' PACE4ACE system demonstrates the ability to maintain data flow during network disruptions, ensuring secure combat air support operations, reflecting the Pentagon's focus on sustaining communications in contested environments.
- Multi-Network Switching Capability: The system can automatically switch between military and commercial communication links, including satellite connections and tactical radios, ensuring that when high-capacity links are jammed, the system can instantly switch to the next viable waveform, thus keeping operational applications synchronized.
- Reducing Operational Burden: The system aims to alleviate the burden on warfighters operating under degraded communication conditions, ensuring that critical data does not disappear during jamming, thereby enhancing combat effectiveness in complex environments.
- Low Power Design: The PACE4ACE system features a low size, weight, and power footprint, allowing it to operate in more constrained environments while supporting multiple communication bands and integrating with existing mission systems, thus enhancing its applicability and flexibility.
See More
RTX Demonstrates Self-Healing Network System for Secure Communications
- Self-Healing Technology: RTX's PACE4ACE system demonstrates self-healing capabilities in military and commercial communications, ensuring continuous secure data flow even when networks are jammed or unavailable, thereby enhancing operational reliability and efficiency for combat support.
- Real-Time Switching Capability: During the demonstration, the system automatically switched to the next viable waveform when high-capacity links were jammed, maintaining continuous connectivity among four geographically dispersed sites, which enhances mission execution safety and information synchronization.
- Support for Multiple Communication Pathways: The system is designed to operate across various communication methods, including satellite links and low-power tactical radios, showcasing its adaptability in contested environments and aligning with the U.S. Air Force's Agile Combat Employment concept.
- Strategic Collaboration and R&D: This technology demonstration was funded by the U.S. Air Force Research Laboratory and involved multi-party technical support from Florida and Canada, reflecting RTX's commitment to innovation and research capabilities in national security.
See More
RTX Demonstrates Self-Healing Communication System for Military Use
- Self-Healing Communication System: RTX's PACE4ACE system successfully demonstrated its ability to maintain data flow during military exercises even when networks are jammed, ensuring continuous communication for combat air support, thereby enhancing operational efficiency and reliability.
- Multichannel Support: The system supports diverse communication channels, including satellite links and low-power tactical radios, automatically switching to the next viable waveform when high-capacity links are jammed, ensuring that warfighters' situational awareness remains unaffected.
- Dynamic Routing Capability: PACE4ACE's dynamic real-time routing feature maintains performance as conditions change, simplifying integration with common mission systems and enhancing the system's adaptability and flexibility.
- Strategic Implications: This demonstration validates the U.S. Air Force's Agile Combat Employment (ACE) concept, indicating that dispersed air support units can maintain secure communications across any combination of satellite, radio, or low-power links, thereby strengthening the feasibility of future military operations.
See More
Pentagon Places Largest Drone Order in U.S. History
- Drone Order Scale: The Pentagon has placed the largest drone order in U.S. history, with plans to acquire 30,000 one-way attack drones and scale up to 300,000 by 2028, significantly enhancing U.S. competitiveness in unmanned warfare.
- Rare Earth Supply Chain Risk: Each drone relies on rare earth magnets, with approximately 98% of production controlled by China, posing a potential supply chain crisis that could impact U.S. defense capabilities.
- Strategic Position of REalloys: REalloys holds the only non-Chinese 'mine-to-magnet' heavy rare earth supply chain in North America, ensuring no reliance on Chinese inputs at any stage, and is expected to become the largest Western producer of heavy rare earths by 2027 to meet defense needs.
- Defense Budget Support: The 2026 defense budget allocates $13.6 billion for autonomous systems, reflecting the U.S. government's commitment to drones and related technologies; however, resolving the rare earth supply chain issue will require time and technological development, with REalloys positioned at a critical juncture in this transition.
See More
Pentagon Places Largest Drone Order in U.S. History
- Drone Order Scale: The Pentagon has placed the largest drone order in U.S. history, planning to acquire 30,000 one-way attack drones with an expansion target of 300,000 by 2028, significantly enhancing U.S. operational capabilities in drone warfare.
- Rare Earth Supply Chain Risk: Each drone relies on rare earth magnets, with China controlling approximately 98% of their manufacturing; any export restrictions from China could severely impact the military capabilities of the U.S. and its allies, highlighting vulnerabilities in the U.S. supply chain.
- Strategic Position of REalloys: REalloys has established the only fully non-Chinese
See More
Starfighters Space Advances STARLAUNCH Pathway with ILS Engagement
- Strategic Partnership: Starfighters Space has engaged Integrated Launch Solutions to enhance the engineering and technical integration capabilities of the STARLAUNCH pathway, leveraging a team with extensive experience to improve execution capacity for space launches, thereby accelerating the transition from design to actual launch services.
- Surging Market Demand: The defense and space market in 2026 presents unprecedented demand, and Starfighters Space is focused on addressing production capacity gaps, which is expected to drive the company's market share growth in both defense and commercial space sectors, particularly in collaboration with the Pentagon.
- Strengthened Leadership Team: The recent appointments of former Blue Origin executives Jose Arias and Catrina L. Medeiros to key positions enhance the team's technical capabilities, with Arias having previously reduced integration cycle times from 76 days to 13 days, demonstrating his effectiveness in aerospace projects.
- Industry Context Analysis: With RTX, L3Harris, and Boeing reporting record backlogs, Starfighters Space's strategic positioning aims to capitalize on this trend, enhancing its competitive edge and ensuring a favorable position in future defense spending.
See More
