Nwam LLC Acquires New Position in Procure Space ETF $UFO

Nwam LLC acquired a new stake in shares of Procure Space ETF (NASDAQ:UFO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 46,925 shares of the company’s stock, valued at approximately $1,814,000. Nwam LLC owned 0.64% of Procure Space ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. lifted its stake in shares of Procure Space ETF by 452.6% during the third quarter. Geneos Wealth Management Inc. now owns 1,050 shares of the company’s stock valued at $37,000 after buying an additional 860 shares during the period. IFP Advisors Inc lifted 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 period. Comerica Bank purchased a new position in shares of Procure Space ETF during the third quarter valued at approximately $89,000. Centaurus Financial Inc. purchased a new position in shares of Procure Space ETF during the third quarter valued at approximately $107,000. Finally, South Shore Capital Advisors purchased a new position in shares of Procure Space ETF during the fourth quarter valued at approximately $290,000.

Procure Space ETF Stock Performance

Shares of UFO opened at $54.50 on Monday. The company has a market capitalization of $791.34 million, a price-to-earnings ratio of 18.98 and a beta of 1.23. The company’s 50 day simple moving average is $48.33 and its 200 day simple moving average is $42.72. Procure Space ETF has a 1 year low of $22.80 and a 1 year high of $55.90.

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.