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Procure ETF Trust II - Procure Space ETF Stock Price

NasdaqGM:UFO Community·US$550.1m Market Cap
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UFO Share Price Performance

US$42.79
8.43 (24.54%)
​
US$42.79
8.43 (24.54%)
​
Price US$42.79
Fri, 11 Sep 26
Share Pricen/a

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Procure ETF Trust II - Procure Space ETF Key Details

US$0

Revenue

US$0

Cost of Revenue

US$0

Gross Profit

US$0

Other Expenses

US$0

Earnings

Last Reported Earnings
n/a
Next Reporting Earnings
n/a
0
0%
0%
0%
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About UFO

Founded
2019
Employees
n/a
CEO
n/a
WebsiteView website
procureetfs.com/ufo/

Procure ETF Trust II - Procure Space ETF is an exchange traded fund launched and managed by ProcureAM, LLC. The fund is co-managed by Penserra Capital Management LLC. The fund invests in public equity markets of global region. The fund invests in stocks of companies operating across industrials, capital goods, aerospace and defense, spacecraft and satellites, satellites, space and spacecraft research and technology sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the VettaFi Space Index, by using full replication technique. Procure ETF Trust II - Procure Space ETF was formed on April 10, 2019 and is domiciled in the United States.

Recent UFO News & Updates

Seeking Alpha • Aug 24

I'm Buying Space Without Buying Space Stocks

Summary Space data centers promise long-term growth, but profitability is years away due to high launch costs and operational uncertainties. The SPDR S&P Kensho Final Frontiers ETF offers the most efficient, diversified exposure, benefiting from current revenue streams in aerospace and defense. UFO and ARKX are more concentrated in pure space plays, but their returns lag due to reliance on future, uncertain orbital projects. I favor ROKT for long-term investors seeking exposure to the sector, as it holds companies generating earnings today regardless of orbital data center timelines. Read the full article on Seeking Alpha
Seeking Alpha • Jun 22

Space Sector ETFs - Sound Exciting, Aren't

Despite the rush of capital and indeed revenue into space sector companies, we noted in December last year that the sector ETFs lacked appeal. This was a righteous call as it turned out - both UFO and ARKX are down a great deal since then. The risk-reward in these funds is wrongly skewed in our view and we remain at Neutral on both. We can think of many ways to play the upside in the space sector but ETFs are not one of them. We raise some single-stock ideas below for good measure.

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Procure ETF Trust II - Procure Space ETF Competitors

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