Shares of Procure Space ETF (NASDAQ:UFO – Get Free Report) saw strong trading volume on Friday . 741,225 shares traded hands during mid-day trading, a decline of 18% from the previous session’s volume of 905,930 shares.The stock last traded at $54.16 and had previously closed at $56.90.
Procure Space ETF Trading Down 3.4%
The business has a 50 day moving average of $55.05 and a two-hundred day moving average of $46.81. The firm has a market cap of $798.31 million, a P/E ratio of 18.98 and a beta of 1.30.
Institutional Investors Weigh In On Procure Space ETF
A number of large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC bought a new stake in Procure Space ETF in the 1st quarter valued at $303,000. Glenmede Trust Co. NA bought a new stake in Procure Space ETF in the 1st quarter valued at $229,000. Bank of America Corp DE raised its stake in Procure Space ETF by 1,590.5% in the 1st quarter. Bank of America Corp DE now owns 65,590 shares of the company’s stock valued at $2,939,000 after acquiring an additional 61,710 shares during the period. JTC Employer Solutions Trustee Ltd bought a new stake in Procure Space ETF in the 1st quarter valued at $52,000. Finally, Centaurus Financial Inc. grew its holdings in Procure Space ETF by 98.5% in the 1st quarter. Centaurus Financial Inc. now owns 6,543 shares of the company’s stock valued at $293,000 after buying an additional 3,247 shares in the last quarter.
About Procure Space ETF
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.
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