SPDR MSCI INTERNATIONAL REAL ESTATE CURRENCY HEDGED ETF (HREX) Exchange: NYSE ARCA

Data as of April 23, 2024

$34.83 ($0.00) 0.00%

SPDR MSCI INTERNATIONAL REAL ESTATE CURRENCY HEDGED ETF - Daily Information
Click for more stock information on SPDR MSCI INTERNATIONAL REAL ESTATE CURRENCY HEDGED ETF.
Daily Information Data
Date April 23, 2024
Open $34.83
Previous Close $34.83
High $34.83
Low $34.83
Adjusted Open $34.83
Previous Adjusted Close $34.83
Adjusted High $34.83
Adjusted Low $34.83

About SPDR MSCI INTERNATIONAL REAL ESTATE CURRENCY HEDGED ETF (HREX)

DELISTED - In seeking to track the performance of the MSCI World ex USA IMI Core Real Estate Capped 100% Hedged To USD Index (the “Index”), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc. (“SSGA FM” or the “Adviser”), the investment adviser to the Fund, may invest the Fund's assets in a subset of securities in the Index or may invest the Fund's assets in substantially all of the securities represented in the Index in approximately the same proportions as the Index. In addition, the Fund may invest in shares of other investment companies that invest in the component securities of a subset of the Index (“Underlying Funds”), including underlying funds managed by the Adviser.Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index (which may include indirect investments through an Underlying Fund, if any) and in depositary receipts (including American Depositary Receipts (“ADRs”) or Global Depositary Receipts (“GDRs”)) based on securities comprising the Index. The Fund will provide shareholders with at least 60 days' notice prior to any material change in this 80% investment policy. In addition, the Fund may invest in equity securities that are not included in the Index (including common stock, preferred stock, and shares of affiliated and unaffiliated investment companies), cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by the Adviser).The Index is a free float-adjusted market capitalization-weighted index that is designed to reflect the performance of stocks in the MSCI World ex USA IMI Index that are engaged in the ownership, development and management of specific core real estate property types. To be included in the Index, a company needs to derive at least 75% of its revenues from real estate activities related to a combination of the following specific core property types: industrial, office, retail, residential, health care, hotel and resort, data centers, and storage. Companies classified in the real estate services industry, mortgage real estate investment trusts (“REITs”) and specialized REITs that are not involved in the above referenced specific core real estate property types are excluded from the Index. On a semi-annual basis (generally on the first business day of June and December), if the weight of any country included the Index exceeds 20% of the Index, such country's weight in the Index will be capped at 20%, and the weight in excess of the 20% cap will be redistributed to all other countries that do not exceed the 20% cap in proportion to their free-float adjusted market capitalization. Countries covered in the Index have historically included, among others: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom. As of July 31, 2015, a significant portion of the Index comprises companies organized in Japan and Hong Kong, although this may change from time to time. The Fund's investments will be denominated in foreign currencies, thereby potentially subjecting the Fund to fluctuations in exchange rates between such currencies and the U.S. dollar. The Index applies a methodology to effectively create a “hedge” against such fluctuations by employing a one-month forward rate against the total value of the non-U.S. denominated securities included in the Index. The hedge is reset on a monthly basis. The Index is designed to have higher returns than an equivalent unhedged investment when the component currencies are weakening relative to the U.S. dollar. Conversely, the Index is designed to have lower returns than an equivalent unhedged investment when the component currencies are rising relative to the U.S. dollar.In order to replicate the “hedging” component of the Index, the Fund intends to enter into foreign currency forward contracts designed to offset the Fund's exposure to the component currencies. A foreign currency forward contract is a contract between two parties to buy or sell a specified amount of a specific currency in the future at an agreed upon exchange rate. The Fund's exposure to foreign currency forward contracts is based on the aggregate exposure of the Fund to the component currencies. The Index hedges each foreign currency in the Index back to the U.S. dollar by selling foreign currency forwards at the one-month forward rate. The size and exchange rate of each currency hedge is reset by the Index one time per month. The Fund may use non-deliverable forward currency contracts (“NDFs”) to execute its hedging transactions. NDFs are cash-settled, short-term forward contracts that may be thinly traded or denominated in non-convertible foreign currency, where the profit or loss at the time of settlement date is calculated by taking the difference between the agreed upon exchange rate and the spot rate at the time of settlement, for an agreed upon notional amount of funds. All NDFs have a fixing date and a settlement date. The fixing date is the date at which the difference between the prevailing market exchange rate and the agreed upon exchange rate is calculated. The settlement date is the date by which the payment of the difference is due to the party receiving payment. NDFs are commonly quoted for time periods ranging from one month to up to two years, and are normally quoted and settled in U.S. dollars. They are often used to gain exposure to and/or hedge exposure to foreign currencies that are not internationally traded. The Fund may also enter into forward currency futures and options, and currency swaps, and may purchase currency structured notes. As of November 30, 2015, a significant portion of the Fund comprised companies located in Europe, Japan and Hong Kong, although this may change from time to time. As of December 31, 2015, the Index comprised 261 securities. As of December 31, 2015, the Index comprised 261 securities.The Index is sponsored by MSCI, Inc. (the “Index Provider”), which is not affiliated with the Fund or the Adviser. The Index Provider determines the composition of the Index, relative weightings of the securities in the Index and publishes information regarding the market value of the Index.

Historical Stock Data for SPDR MSCI INTERNATIONAL REAL ESTATE CURRENCY HEDGED ETF (HREX)

Date Open High Low Close Adj.Close Volume
2016-11-22 $34.83 $34.83 $34.83 $34.83 $34.83 0
2016-11-21 $34.83 $34.83 $34.83 $34.83 $34.83 0
2016-11-18 $34.83 $34.83 $34.83 $34.83 $34.83 0
2016-11-17 $34.83 $34.83 $34.83 $34.83 $34.83 0
2016-11-16 $34.83 $34.83 $34.83 $34.83 $34.83 0
2016-11-15 $34.83 $34.83 $34.83 $34.83 $34.83 0
2016-11-14 $34.83 $34.83 $34.83 $34.83 $34.83 0
2016-11-11 $34.83 $34.83 $34.83 $34.83 $34.83 269
2016-11-10 $35.37 $35.37 $34.90 $34.90 $34.90 2,100
2016-11-09 $42.33 $42.33 $42.33 $42.33 $42.33 0
2016-11-08 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-11-07 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-11-04 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-11-03 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-11-02 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-11-01 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-31 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-28 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-27 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-26 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-25 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-24 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-21 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-20 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-19 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-18 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-17 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-14 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-13 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-12 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-11 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-10 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-07 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-06 $42.33 $42.33 $42.33 $42.33 $38.07 3
2016-10-05 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-04 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-10-03 $42.33 $42.33 $42.33 $42.33 $38.07 0
2016-09-30 $42.33 $42.33 $42.33 $42.33 $38.07 4
2016-09-29 $42.42 $42.42 $42.42 $42.42 $38.15 0
2016-09-28 $42.42 $42.42 $42.42 $42.42 $38.15 0
2016-09-27 $42.42 $42.42 $42.42 $42.42 $38.15 0
2016-09-26 $42.42 $42.42 $42.42 $42.42 $38.15 0
2016-09-23 $42.42 $42.42 $42.42 $42.42 $38.15 0
2016-09-22 $42.42 $42.42 $42.42 $42.42 $38.15 0
2016-09-21 $42.42 $42.42 $42.42 $42.42 $38.15 0
2016-09-20 $42.42 $42.42 $42.42 $42.42 $38.15 0
2016-09-19 $42.42 $42.42 $42.42 $42.42 $38.15 0
2016-09-16 $42.42 $42.42 $42.42 $42.42 $38.15 0
2016-09-15 $42.42 $42.42 $42.42 $42.42 $38.07 0
2016-09-14 $42.42 $42.42 $42.42 $42.42 $38.07 2
2016-09-13 $42.42 $42.42 $42.42 $42.42 $38.07 87,019
2016-09-12 $42.42 $42.42 $42.42 $42.42 $38.07 1
2016-09-09 $42.42 $42.42 $42.42 $42.42 $38.07 100
2016-09-08 $43.10 $43.10 $43.10 $43.10 $38.68 0
2016-09-07 $43.10 $43.10 $43.10 $43.10 $38.68 1
2016-09-06 $43.10 $43.10 $43.10 $43.10 $38.68 0
2016-09-02 $43.10 $43.10 $43.10 $43.10 $38.68 282
2016-09-01 $42.46 $42.46 $42.46 $42.46 $38.11 0
2016-08-31 $42.46 $42.46 $42.46 $42.46 $38.11 500
2016-08-30 $42.37 $42.37 $42.37 $42.37 $38.02 0
2016-08-29 $42.37 $42.37 $42.37 $42.37 $38.02 0
2016-08-26 $42.37 $42.37 $42.37 $42.37 $38.02 0
2016-08-25 $42.37 $42.37 $42.37 $42.37 $38.02 0
2016-08-24 $42.37 $42.37 $42.37 $42.37 $38.02 0
2016-08-23 $42.37 $42.37 $42.37 $42.37 $38.02 0
2016-08-22 $42.37 $42.37 $42.37 $42.37 $38.02 0
2016-08-19 $42.37 $42.37 $42.37 $42.37 $38.02 100
2016-08-18 $42.94 $42.94 $42.94 $42.94 $38.54 0
2016-08-17 $42.94 $42.94 $42.94 $42.94 $38.54 0
2016-08-16 $42.94 $42.94 $42.94 $42.94 $38.54 0
2016-08-15 $42.94 $42.94 $42.94 $42.94 $38.54 250
2016-08-12 $42.68 $42.68 $42.68 $42.68 $38.30 0
2016-08-11 $42.68 $42.68 $42.68 $42.68 $38.30 0
2016-08-10 $42.68 $42.68 $42.68 $42.68 $38.30 0
2016-08-09 $42.68 $42.68 $42.68 $42.68 $38.30 190
2016-08-08 $42.68 $42.68 $42.68 $42.68 $38.30 0
2016-08-05 $42.68 $42.68 $42.68 $42.68 $38.30 0
2016-08-04 $42.68 $42.68 $42.68 $42.68 $38.30 0
2016-08-03 $42.68 $42.68 $42.68 $42.68 $38.30 0
2016-08-02 $42.68 $42.68 $42.68 $42.68 $38.30 0
2016-08-01 $42.68 $42.68 $42.68 $42.68 $38.30 95
2016-07-29 $42.68 $42.68 $42.68 $42.68 $38.30 0
2016-07-28 $42.68 $42.68 $42.68 $42.68 $38.30 0
2016-07-27 $42.59 $42.68 $42.59 $42.68 $38.30 444
2016-07-26 $42.23 $42.23 $42.23 $42.23 $37.90 0
2016-07-25 $42.23 $42.23 $42.23 $42.23 $37.90 0
2016-07-22 $42.23 $42.23 $42.23 $42.23 $37.90 0
2016-07-21 $42.23 $42.23 $42.23 $42.23 $37.90 100
2016-07-20 $41.51 $41.51 $41.51 $41.51 $37.25 0
2016-07-19 $41.51 $41.51 $41.51 $41.51 $37.25 44
2016-07-18 $41.51 $41.51 $41.51 $41.51 $37.25 0
2016-07-15 $41.51 $41.51 $41.51 $41.51 $37.25 100
2016-07-14 $41.80 $41.80 $41.80 $41.80 $37.51 0
2016-07-13 $41.80 $41.80 $41.80 $41.80 $37.51 0
2016-07-12 $41.80 $41.80 $41.80 $41.80 $37.51 100
2016-07-11 $41.18 $41.18 $41.18 $41.18 $36.96 100
2016-07-08 $40.44 $40.44 $40.44 $40.44 $36.29 280
2016-07-07 $40.00 $40.00 $40.00 $40.00 $35.90 400
2016-07-06 $39.92 $39.92 $39.92 $39.92 $35.83 100
2016-07-05 $40.71 $40.71 $40.71 $40.71 $36.53 0
2016-07-01 $40.73 $40.88 $40.71 $40.71 $36.53 800
2016-06-30 $40.57 $40.78 $40.39 $40.78 $36.60 362
2016-06-29 $40.35 $40.35 $40.35 $40.35 $36.21 100
2016-06-28 $38.29 $38.29 $38.29 $38.29 $34.36 100
2016-06-27 $38.17 $38.29 $38.17 $38.29 $34.36 900
2016-06-24 $39.39 $39.53 $39.25 $39.25 $35.22 300
2016-06-23 $40.69 $40.69 $40.69 $40.69 $36.52 0
2016-06-22 $40.69 $40.69 $40.69 $40.69 $36.52 200
2016-06-21 $39.73 $39.73 $39.73 $39.73 $35.66 0
2016-06-20 $39.73 $39.73 $39.73 $39.73 $35.66 0
2016-06-17 $39.73 $39.73 $39.73 $39.73 $35.66 0
2016-06-15 $40.40 $40.40 $40.40 $40.40 $36.05 0
2016-06-14 $40.40 $40.40 $40.40 $40.40 $36.05 0
2016-06-13 $40.40 $40.40 $40.40 $40.40 $36.05 100
2016-06-10 $40.86 $40.93 $40.86 $40.93 $36.52 962
2016-06-09 $41.58 $41.58 $41.58 $41.58 $37.10 0
2016-06-08 $41.72 $41.72 $41.58 $41.58 $37.10 400
2016-06-07 $41.66 $41.66 $41.66 $41.66 $37.17 200
2016-06-06 $41.43 $41.50 $41.40 $41.49 $37.02 800
2016-06-03 $40.94 $41.19 $40.94 $41.19 $36.75 1,200
2016-06-02 $40.92 $41.04 $40.92 $41.04 $36.62 1,200
2016-06-01 $41.03 $41.13 $41.03 $41.08 $36.65 5,000
2016-05-31 $41.25 $41.32 $41.24 $41.32 $36.87 1,400
2016-05-27 $40.79 $40.79 $40.79 $40.79 $36.40 0
2016-05-26 $40.79 $40.79 $40.79 $40.79 $36.40 0
2016-05-25 $40.79 $40.79 $40.79 $40.79 $36.40 0
2016-05-24 $40.79 $40.79 $40.79 $40.79 $36.40 0
2016-05-23 $40.80 $40.80 $40.79 $40.79 $36.40 560
2016-05-20 $40.85 $40.85 $40.72 $40.72 $36.33 262
2016-05-19 $40.30 $40.30 $40.29 $40.29 $35.95 260
2016-05-18 $40.52 $40.52 $40.52 $40.52 $36.15 0
2016-05-17 $40.75 $40.75 $40.52 $40.52 $36.15 259
2016-05-16 $40.60 $40.65 $40.58 $40.65 $36.27 1,600
2016-05-13 $40.69 $40.69 $40.69 $40.69 $36.31 0
2016-05-12 $40.63 $40.69 $40.59 $40.69 $36.31 800
2016-05-11 $40.57 $40.57 $40.57 $40.57 $36.20 400
2016-05-10 $40.33 $40.33 $40.33 $40.33 $35.99 0
2016-05-09 $40.33 $40.33 $40.33 $40.33 $35.99 0
2016-05-06 $40.45 $40.45 $40.33 $40.33 $35.99 500
2016-05-05 $40.51 $40.59 $40.46 $40.46 $36.10 1,700
2016-05-04 $40.46 $40.46 $40.41 $40.43 $36.07 421
2016-05-03 $40.48 $40.65 $40.48 $40.65 $36.27 1,200
2016-05-02 $40.88 $40.94 $40.85 $40.91 $36.50 1,200
2016-04-29 $40.63 $40.65 $40.56 $40.58 $36.21 1,300
2016-04-28 $41.04 $41.06 $40.98 $41.01 $36.59 1,200
2016-04-27 $41.38 $41.48 $41.36 $41.36 $36.90 1,800
2016-04-26 $41.49 $41.55 $41.49 $41.50 $37.03 1,800
2016-04-25 $41.12 $41.12 $41.12 $41.12 $36.69 200
2016-04-22 $41.03 $41.08 $40.98 $40.99 $36.57 1,800
2016-04-21 $40.83 $40.83 $40.78 $40.78 $36.39 1,600
2016-04-20 $40.95 $40.95 $40.95 $40.95 $36.54 0
2016-04-19 $40.95 $40.95 $40.95 $40.95 $36.54 0
2016-04-18 $40.91 $40.95 $40.91 $40.95 $36.54 200
2016-04-15 $40.40 $40.40 $40.40 $40.40 $36.05 0
2016-04-14 $40.40 $40.40 $40.40 $40.40 $36.05 0
2016-04-13 $40.40 $40.40 $40.40 $40.40 $36.05 0
2016-04-12 $40.40 $40.40 $40.40 $40.40 $36.05 200
2016-04-11 $40.27 $40.27 $40.27 $40.27 $35.93 0
2016-04-08 $40.27 $40.27 $40.27 $40.27 $35.93 200
2016-04-07 $40.59 $40.59 $40.59 $40.59 $36.22 0
2016-04-06 $40.59 $40.59 $40.59 $40.59 $36.22 0
2016-04-05 $40.59 $40.59 $40.59 $40.59 $36.22 0
2016-04-04 $40.59 $40.59 $40.59 $40.59 $36.22 156
2016-04-01 $40.59 $40.59 $40.59 $40.59 $36.22 0
2016-03-31 $40.59 $40.59 $40.59 $40.59 $36.22 200
2016-03-30 $40.37 $40.37 $40.37 $40.37 $36.02 0
2016-03-29 $40.37 $40.37 $40.37 $40.37 $36.02 20
2016-03-28 $40.37 $40.37 $40.37 $40.37 $36.02 0
2016-03-24 $40.37 $40.37 $40.37 $40.37 $36.02 0
2016-03-23 $40.37 $40.37 $40.37 $40.37 $36.02 0
2016-03-22 $40.37 $40.37 $40.37 $40.37 $36.02 0
2016-03-21 $40.37 $40.37 $40.37 $40.37 $36.02 0
2016-03-18 $40.37 $40.37 $40.37 $40.37 $36.02 100
2016-03-16 $39.06 $39.06 $39.06 $39.06 $34.70 0
2016-03-15 $39.06 $39.06 $39.06 $39.06 $34.70 0
2016-03-14 $39.06 $39.06 $39.06 $39.06 $34.70 0
2016-03-11 $39.06 $39.06 $39.06 $39.06 $34.70 0
2016-03-10 $39.04 $39.06 $38.86 $39.06 $34.70 400
2016-03-09 $39.24 $39.24 $39.24 $39.24 $34.86 200
2016-03-08 $39.29 $39.29 $39.29 $39.29 $34.91 0
2016-03-07 $39.30 $39.30 $39.29 $39.29 $34.91 200
2016-03-04 $39.00 $39.00 $39.00 $39.00 $34.65 0
2016-03-03 $39.00 $39.00 $39.00 $39.00 $34.65 0
2016-03-02 $39.00 $39.00 $39.00 $39.00 $34.65 0
2016-03-01 $39.00 $39.00 $39.00 $39.00 $34.65 300
2016-02-29 $38.51 $38.51 $38.51 $38.51 $34.21 0
2016-02-26 $38.51 $38.51 $38.51 $38.51 $34.21 200
2016-02-25 $38.15 $38.15 $38.15 $38.15 $33.89 0
2016-02-24 $38.15 $38.15 $38.15 $38.15 $33.89 0
2016-02-23 $38.15 $38.15 $38.15 $38.15 $33.89 0
2016-02-22 $38.15 $38.15 $38.15 $38.15 $33.89 0
2016-02-19 $38.15 $38.15 $38.15 $38.15 $33.89 200
2016-02-18 $36.20 $36.20 $36.20 $36.20 $32.16 0
2016-02-17 $36.20 $36.20 $36.20 $36.20 $32.16 0
2016-02-16 $36.20 $36.20 $36.20 $36.20 $32.16 0
2016-02-12 $36.20 $36.20 $36.20 $36.20 $32.16 0
2016-02-11 $36.20 $36.21 $36.20 $36.20 $32.16 200
2016-02-10 $36.79 $36.79 $36.79 $36.79 $32.69 200
2016-02-09 $36.41 $36.41 $36.41 $36.41 $32.35 200
2016-02-08 $38.00 $38.00 $38.00 $38.00 $33.76 1
2016-02-05 $38.00 $38.00 $38.00 $38.00 $33.76 0
2016-02-04 $38.00 $38.00 $38.00 $38.00 $33.76 200
2016-02-03 $37.37 $37.37 $37.37 $37.37 $33.20 0
2016-02-02 $37.37 $37.37 $37.37 $37.37 $33.20 0
2016-02-01 $37.37 $37.37 $37.37 $37.37 $33.20 0
2016-01-29 $37.37 $37.37 $37.37 $37.37 $33.20 0
2016-01-28 $37.37 $37.37 $37.37 $37.37 $33.20 200
2016-01-27 $37.16 $37.17 $37.16 $37.17 $33.02 213
2016-01-26 $36.77 $36.77 $36.77 $36.77 $32.67 0
2016-01-25 $36.68 $36.88 $36.67 $36.77 $32.67 2,100
2016-01-22 $36.64 $36.64 $36.64 $36.64 $32.55 0
2016-01-21 $36.64 $36.64 $36.64 $36.64 $32.55 200
2016-01-20 $38.31 $38.31 $38.31 $38.31 $34.04 0
2016-01-19 $38.31 $38.31 $38.31 $38.31 $34.04 0
2016-01-15 $38.31 $38.31 $38.31 $38.31 $34.04 0
2016-01-14 $38.31 $38.31 $38.31 $38.31 $34.04 0
2016-01-13 $38.31 $38.31 $38.31 $38.31 $34.04 0
2016-01-12 $38.33 $38.33 $38.31 $38.31 $34.04 200
2016-01-11 $38.63 $38.63 $38.63 $38.63 $34.32 0
2016-01-08 $38.63 $38.63 $38.63 $38.63 $34.32 0
2016-01-07 $38.62 $38.63 $38.62 $38.63 $34.32 200
2016-01-06 $39.90 $39.90 $39.90 $39.90 $35.45 0
2016-01-05 $39.90 $39.90 $39.90 $39.90 $35.45 0
2016-01-04 $39.90 $39.90 $39.90 $39.90 $35.45 20

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Similar Companies to SPDR MSCI INTERNATIONAL REAL ESTATE CURRENCY HEDGED ETF (HREX) in the None Industry

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