Foundations Investment Advisors LLC trimmed its position in Procure Space ETF (NASDAQ:UFO – Free Report) by 73.8% during the 4th quarter, HoldingsChannel reports. The firm owned 22,996 shares of the company’s stock after selling 64,632 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Procure Space ETF were worth $889,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in the company. Rockport Wealth LLC bought a new stake in shares of Procure Space ETF in the fourth quarter worth about $2,782,000. Nwam LLC bought a new stake in shares of Procure Space ETF in the fourth quarter worth about $1,814,000. HighTower Advisors LLC increased its holdings in shares of Procure Space ETF by 215.7% in the third quarter. HighTower Advisors LLC now owns 38,132 shares of the company’s stock worth $1,360,000 after purchasing an additional 26,054 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Procure Space ETF in the first quarter worth about $779,000. Finally, Raymond James Financial Inc. increased its holdings in shares of Procure Space ETF by 62.1% in the third quarter. Raymond James Financial Inc. now owns 33,495 shares of the company’s stock worth $1,195,000 after purchasing an additional 12,836 shares during the last quarter.
Procure Space ETF Stock Performance
Shares of UFO stock opened at $65.31 on Monday. Procure Space ETF has a 12-month low of $23.90 and a 12-month high of $68.21. The stock’s 50-day moving average price is $53.01 and its 200-day moving average price is $45.30. The stock has a market capitalization of $948.30 million, a price-to-earnings ratio of 18.98 and a beta of 1.23.
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.
Further Reading
- Five stocks we like better than Procure Space ETF
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
- 3 Dividend Kings That Earn Their Crown Every Quarter
Want to see what other hedge funds are holding UFO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procure Space ETF (NASDAQ:UFO – Free Report).
Receive News & Ratings for Procure Space ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procure Space ETF and related companies with MarketBeat.com's FREE daily email newsletter.
