Foundations Investment Advisors LLC Takes $3.13 Million Position in Procure Space ETF $UFO

Foundations Investment Advisors LLC acquired a new position in Procure Space ETF (NASDAQ:UFO) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 87,628 shares of the company’s stock, valued at approximately $3,126,000. Foundations Investment Advisors LLC owned 2.21% of Procure Space ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Geneos Wealth Management Inc. increased its position in shares of Procure Space ETF by 452.6% during the third quarter. Geneos Wealth Management Inc. now owns 1,050 shares of the company’s stock valued at $37,000 after buying an additional 860 shares during the period. Miracle Mile Advisors LLC purchased a new position in Procure Space ETF during the third quarter valued at approximately $245,000. WMG Financial Advisors LLC purchased a new position in Procure Space ETF during the third quarter valued at approximately $260,000. Smith Shellnut Wilson LLC ADV bought a new stake in Procure Space ETF during the 2nd quarter worth approximately $213,000. Finally, Griffin Asset Management Inc. purchased a new stake in Procure Space ETF in the 3rd quarter worth approximately $281,000.

Procure Space ETF Price Performance

Shares of NASDAQ:UFO opened at $45.44 on Friday. The firm has a fifty day moving average price of $40.21 and a two-hundred day moving average price of $36.21. The company has a market cap of $332.62 million, a price-to-earnings ratio of 18.98 and a beta of 1.24. Procure Space ETF has a one year low of $18.40 and a one year high of $48.66.

Procure Space ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 29th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, December 29th.

Procure Space ETF Company Profile

The Procure Space ETF (UFO) is an exchange-traded fund that is based on the S-Network Space index. The fund tracks a tier-weighted index of aerospace companies located globally. UFO was launched on Apr 11, 2019 and is managed by ProcureAM.