Diversify Wealth Management LLC Invests $880,000 in Procure Space ETF $UFO

Diversify Wealth Management LLC purchased a new position in shares of Procure Space ETF (NASDAQ:UFO) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 17,745 shares of the company’s stock, valued at approximately $880,000. Diversify Wealth Management LLC owned 0.12% of Procure Space ETF at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Global Retirement Partners LLC purchased a new stake in Procure Space ETF in the 4th quarter worth about $30,000. Banque Cantonale Vaudoise purchased a new position in shares of Procure Space ETF during the first quarter valued at approximately $42,000. Evolution Wealth Management Inc. bought a new position in shares of Procure Space ETF during the first quarter valued at approximately $46,000. IFP Advisors Inc grew its stake in shares of Procure Space ETF by 1,550.8% during the third quarter. IFP Advisors Inc now owns 1,948 shares of the company’s stock valued at $69,000 after buying an additional 1,830 shares during the last quarter. Finally, Fifth Third Bancorp bought a new position in shares of Procure Space ETF during the first quarter valued at approximately $103,000.

Procure Space ETF Stock Performance

Shares of NASDAQ UFO opened at $43.68 on Friday. Procure Space ETF has a fifty-two week low of $28.71 and a fifty-two week high of $68.21. The company has a market cap of $637.73 million, a price-to-earnings ratio of 18.98 and a beta of 1.34. The business’s 50 day moving average price is $53.71 and its 200-day moving average price is $48.99.

Procure Space ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th were given a $0.0582 dividend. This represents a $0.23 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 29th.

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.