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Aerospace, defense investing spurs wave of space-themed ETFs

Rising interest in aerospace and defense is drawing attention to exchange-traded funds that invest directly in space infrastructure such as satellites, communications and navigation. Investors are showing more interest in products targeting space technology than broad aerospace and defense ETFs, CNBC reported. VettaFi's Cynthia Murphy cited Procure Space ETF and Global X Defense Tech ETF. Since late February, Procure Space rose about 19 percent while Global X Defense Tech fell 8 percent.