Key insights
- An investor is considering consolidating gains from individual space stocks (RKLB, ASTS) into the NASA ETF for broader exposure and reduced single-stock risk. This reflects a shift towards ETFs as the investor ages. The potential negative influence on US equities is marginal, stemming from a slight decrease in demand for RKLB and ASTS shares as the investor reallocates.
So I have meager (share quantity) positions in RKLB and ASTS, however since my entry price was so low I have bagged 5 figures in profit on each. As I get older I’m trying to consolidate more of my portfolio into ETFS as opposed to the single stock play when I was younger. Being that ASTS and RKLB both comprise $15% + EACH in the fund, would it be wise to completely sell out of these positions and put it all towards the ETF NASA? This would also give me exposure to other space-based companies as well as SpaceX (although I have exposure to SpaceX elsewhere). What do you all think? 🤔