Royal Bank of Canada Has $856,000 Stake in Procure Space ETF $UFO

Royal Bank of Canada raised its stake in shares of Procure Space ETF (NASDAQ:UFO) by 4,070.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 19,102 shares of the company’s stock after purchasing an additional 18,644 shares during the quarter. Royal Bank of Canada owned 0.13% of Procure Space ETF worth $856,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Nwam LLC acquired a new stake in Procure Space ETF during the fourth quarter worth about $1,814,000. WT Wealth Management bought a new position in Procure Space ETF during the first quarter valued at about $2,732,000. Quadcap Wealth Management LLC bought a new position in Procure Space ETF during the first quarter valued at about $2,691,000. Kestra Private Wealth Services LLC acquired a new position in Procure Space ETF in the 1st quarter valued at approximately $595,000. Finally, Diversify Wealth Management LLC acquired a new position in Procure Space ETF in the 1st quarter valued at approximately $880,000.

Procure Space ETF Trading Up 0.5%

Shares of UFO stock opened at $45.92 on Friday. The stock has a 50 day moving average of $47.04 and a two-hundred day moving average of $49.24. Procure Space ETF has a 12 month low of $29.91 and a 12 month high of $68.21. The company has a market capitalization of $615.33 million, a P/E ratio of 18.98 and a beta of 1.36.

Procure Space ETF Announces Dividend

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

Procure Space ETF Company 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.