Foundations Investment Advisors LLC Acquires Shares of 87,628 Procure Space ETF $UFO

Foundations Investment Advisors LLC bought a new stake in shares of Procure Space ETF (NASDAQ:UFO) during the 3rd quarter, Holdings Channel reports. The fund bought 87,628 shares of the company’s stock, valued at approximately $3,126,000.

Other hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers purchased a new position in Procure Space ETF during the second quarter valued at $1,408,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Procure Space ETF in the 3rd quarter worth approximately $3,128,000. Client First Investment Management LLC purchased a new stake in shares of Procure Space ETF in the 3rd quarter worth $2,632,000. Ignite Planners LLC purchased a new stake in Procure Space ETF in the 2nd quarter worth approximately $101,299,000. Finally, Smith Shellnut Wilson LLC ADV bought a new position in Procure Space ETF in the 2nd quarter worth $213,000.

Procure Space ETF Price Performance

UFO stock opened at $45.44 on Friday. The company has a market capitalization of $332.62 million, a price-to-earnings ratio of 18.98 and a beta of 1.24. Procure Space ETF has a 1-year low of $18.40 and a 1-year high of $48.66. The business has a 50 day simple moving average of $40.21 and a two-hundred day simple moving average of $36.21.

Procure Space ETF Announces Dividend

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

Procure Space ETF 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.