Rockport Wealth LLC Buys New Position in Procure Space ETF $UFO

Rockport Wealth LLC bought a new stake in Procure Space ETF (NASDAQ:UFO) in the 4th quarter, Holdings Channel reports. The institutional investor bought 71,986 shares of the company’s stock, valued at approximately $2,782,000.

Other institutional investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc raised its stake in Procure Space ETF by 1,550.8% in the 3rd quarter. IFP Advisors Inc now owns 1,948 shares of the company’s stock valued at $69,000 after purchasing an additional 1,830 shares during the last quarter. Comerica Bank acquired a new position in Procure Space ETF in the 3rd quarter valued at about $89,000. Centaurus Financial Inc. acquired a new position in Procure Space ETF in the 3rd quarter valued at about $107,000. South Shore Capital Advisors acquired a new position in Procure Space ETF in the 4th quarter valued at about $290,000. Finally, Composition Wealth LLC raised its stake in Procure Space ETF by 13.5% in the 4th quarter. Composition Wealth LLC now owns 7,800 shares of the company’s stock valued at $301,000 after purchasing an additional 930 shares during the last quarter.

Procure Space ETF Trading Up 2.4%

Shares of UFO stock opened at $57.59 on Tuesday. The firm has a 50-day moving average price of $49.88 and a 200 day moving average price of $43.61. Procure Space ETF has a twelve month low of $23.69 and a twelve month high of $58.96. The company has a market capitalization of $836.21 million, a price-to-earnings ratio of 18.98 and a beta of 1.23.

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.