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

Royal Bank of Canada lifted its holdings in shares of Procure Space ETF (NASDAQ:UFO) by 4,070.7% in the first quarter, Holdings Channel.com reports. The fund owned 19,102 shares of the company’s stock after purchasing an additional 18,644 shares during the quarter. Royal Bank of Canada’s holdings in Procure Space ETF were worth $856,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. LPL Financial LLC increased its stake in Procure Space ETF by 10.8% in the fourth quarter. LPL Financial LLC now owns 6,469 shares of the company’s stock valued at $250,000 after acquiring an additional 629 shares during the period. Global Retirement Partners LLC acquired a new position in Procure Space ETF in the fourth quarter worth about $30,000. Composition Wealth LLC raised its position in Procure Space ETF by 13.5% in the fourth quarter. Composition Wealth LLC now owns 7,800 shares of the company’s stock worth $301,000 after purchasing an additional 930 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in Procure Space ETF during the first quarter worth about $42,000. Finally, Evolution Wealth Management Inc. bought a new position in Procure Space ETF during the first quarter worth about $46,000.

Procure Space ETF Trading Up 0.5%

NASDAQ UFO opened at $45.92 on Friday. The stock’s 50 day moving average is $47.04 and its two-hundred day moving average is $49.24. The company has a market capitalization of $615.33 million, a price-to-earnings ratio of 18.98 and a beta of 1.36. Procure Space ETF has a 1-year low of $29.91 and a 1-year high of $68.21.

Procure Space ETF Dividend Announcement

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

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.