Procure Space ETF (NASDAQ:UFO) Shares Set to Pay Quarterly Dividend of $0.00

Procure Space ETF (NASDAQ:UFO) announced a quarterly dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be paid a dividend of $0.0041 per share on Wednesday, September 30th. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Tuesday, September 29th. This is a 93.0% decrease from Procure Space ETF’s previous quarterly dividend of $0.0582.

Procure Space ETF Trading Down 1.5%

NASDAQ UFO opened at $42.91 on Tuesday. Procure Space ETF has a 12 month low of $30.89 and a 12 month high of $68.21. The stock has a 50 day moving average of $44.72 and a 200-day moving average of $49.11. The company has a market cap of $542.81 million, a PE ratio of 18.98 and a beta of 1.35.

Institutional Investors Weigh In On Procure Space ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Silverleafe Capital Partners LLC lifted its stake in Procure Space ETF by 33.7% in the 2nd quarter. Silverleafe Capital Partners LLC now owns 117,172 shares of the company’s stock valued at $5,937,000 after purchasing an additional 29,561 shares during the last quarter. Nwam LLC increased its position in Procure Space ETF by 127.8% during the first quarter. Nwam LLC now owns 106,895 shares of the company’s stock worth $4,790,000 after buying an additional 59,970 shares during the last quarter. Rockport Wealth LLC raised its stake in Procure Space ETF by 38.9% in the first quarter. Rockport Wealth LLC now owns 99,965 shares of the company’s stock valued at $4,479,000 after buying an additional 27,979 shares during the period. Bank of America Corp DE raised its stake in Procure Space ETF by 1,590.5% in the first quarter. Bank of America Corp DE now owns 65,590 shares of the company’s stock valued at $2,939,000 after buying an additional 61,710 shares during the period. Finally, WT Wealth Management acquired a new stake in shares of Procure Space ETF in the first quarter valued at approximately $2,732,000.

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.