Cetera Investment Advisers Makes New Investment in Procure Space ETF $UFO

Cetera Investment Advisers acquired a new position in shares of Procure Space ETF (NASDAQ:UFO) in the 2nd quarter, HoldingsChannel reports. The firm acquired 48,986 shares of the company’s stock, valued at approximately $1,408,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Ignite Planners LLC bought a new stake in Procure Space ETF during the 2nd quarter worth approximately $101,299,000. Smith Shellnut Wilson LLC ADV bought a new position in Procure Space ETF in the 2nd quarter valued at $213,000. Finally, Jane Street Group LLC acquired a new position in Procure Space ETF in the first quarter worth $779,000.

Procure Space ETF Stock Performance

Shares of UFO stock opened at $32.48 on Tuesday. Procure Space ETF has a 52 week low of $18.40 and a 52 week high of $41.19. The stock has a market capitalization of $128.95 million, a PE ratio of 18.98 and a beta of 1.24. The stock’s fifty day moving average is $36.07 and its 200-day moving average is $31.85.

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.