Procure Space ETF (NASDAQ:UFO) Shareholders Set to Receive $0.00 Quarterly Dividend

Procure Space ETF (NASDAQ:UFO) declared a quarterly dividend on Monday, September 28th. Shareholders of record on Tuesday, September 29th will be given a dividend of $0.0041 per share on Wednesday, September 30th. This represents a $0.02 annualized dividend 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 Price Performance

Shares of UFO opened at $42.91 on Tuesday. The company’s 50-day moving average is $44.72 and its 200-day moving average is $49.11. The firm has a market capitalization of $542.81 million, a PE ratio of 18.98 and a beta of 1.35. Procure Space ETF has a fifty-two week low of $30.89 and a fifty-two week high of $68.21.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of UFO. Silverleafe Capital Partners LLC grew its position in shares of Procure Space ETF by 33.7% in the second 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 lifted its holdings in Procure Space ETF by 127.8% during the 1st quarter. Nwam LLC now owns 106,895 shares of the company’s stock worth $4,790,000 after purchasing an additional 59,970 shares during the last quarter. Rockport Wealth LLC boosted its stake in Procure Space ETF by 38.9% in the 1st quarter. Rockport Wealth LLC now owns 99,965 shares of the company’s stock valued at $4,479,000 after purchasing an additional 27,979 shares during the period. Bank of America Corp DE boosted its stake in Procure Space ETF by 1,590.5% in the 1st quarter. Bank of America Corp DE now owns 65,590 shares of the company’s stock valued at $2,939,000 after purchasing an additional 61,710 shares during the period. Finally, WT Wealth Management acquired a new position in Procure Space ETF in the 1st quarter valued at $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.