The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the "S-Network Space Index". The fund invests, under normal circumstances, at least 80% of its net assets in companies of the underlying index that receive at least 50% of their revenues or profits from space-related businesses. The underlying index is designed to serve as an equity benchmark for a globally traded portfolio of companies that are engaged in space-related business, such as those utilizing satellite technology. The fund is non-diversified.
IPO Year: n/a
Exchange: NASDAQ
LEVITTOWN, PA / ACCESSWIRE / January 29, 2021 / ProcureAM, a wholly owned subsidiary of Procure Holdings, LLC, announces that the Procure Space ETF (Nasdaq:UFO) is available for options trading via the Nasdaq Options Market (NOM), effective as of Jan. 27, 2021. "We are pleased Nasdaq has made this move amid increasing investor demand for UFO and creative trading strategies," said Andrew Chanin, co-founder and CEO of ProcureAM. "Now, investors have even more ways to play the emerging space economy." UFO's assets under management (AUM) have grown exponentially this year, surging more than 100% from Jan. 1 to Jan. 29, 2021. The fund is also up over 9% year-to-date, beating the S&P 500 by more
Approach provides investment exposure to $2.2 trillion industry. Firm to celebrate launch by ringing Nasdaq opening bellLEVITTOWN, PA / ACCESSWIRE / June 1, 2022 / ProcureAM, a wholly owned subsidiary of Procure Holdings, LLC, today launches the Procure Disaster Recovery Strategy ETF (NASDAQ:FEMA), and rings the opening bell at Nasdaq MarketSite in celebration.Since 1980, the United States alone has sustained 323 weather and climate disasters, costing a staggering $2.2 trillion dollars in total. By the end of this century, the U.S. government predicts $2 trillion per year in damages from hurricanes, wildfires, floods, droughts, severe storms or earthquakes. The FEMA ETF is the first fund to
Momentus Inc. (NASDAQ:MNTS) ("Momentus" or the "Company"), a U.S. commercial space company that plans to offer transportation and other in-space infrastructure services, today announced its inclusion in the Procure Space Exchange-Traded Fund (ETF) (NASDAQ:UFO) – the world's first ETF to offer pure-play exposure to the global space economy. MNTS and several other space stocks were added to UFO on December 20 as part of the ETF's semi-annual portfolio rebalancing exercise. UFO's underlying index, the S-Network Space Index, requires that at least 80% of its components derive a majority of their revenue from space-related activities. "We're pleased to be included in the Procure Space ETF," sa
8 newly public space-related companies added to the fundLEVITTOWN, PA / ACCESSWIRE / December 20, 2021 / ProcureAM, a wholly owned subsidiary of Procure Holdings, LLC, today announces results of its semi-annual rebalance and reconstitution for the Procure Space ETF (NASDAQ:UFO) ― the world's first exchange-traded fund (ETF) to offer pure-play exposure to the global space economy.The following companies have been added to the fund's portfolio, effective as of Dec. 20, 2021.Arqit Quantum (ARQQ): A cybersecurity company, Arqit Quantum plans to supply quantum encryption services via satellite to secure networked devices (on Earth) against sophisticated cyber threats.Astra Space (ASTR): Astra Spa
Decision comes as Pentagon releases monumental "UAP" report to CongressLEVITTOWN, PA / ACCESSWIRE / June 29, 2021 / ProcureAM, a wholly owned subsidiary of Procure Holdings, LLC, has added an unidentified aerial phenomena "UAP" risk disclosure to the Procure Space ETF (NASDAQ:UFO) prospectus. This announcement comes after top U.S. intelligence and military officials released an unclassified report addressing numerous sightings of unexplainable objects.The report, a stipulation of the coronavirus-relief package passed in December 2020, was mandated by Congress amid increasing confirmed footage purporting to show UAPs."UFOs, once a figment of science fiction, have now captured mainstream atten
Virtual ceremony to celebrate The Procure Space ETF (UFO)LEVITTOWN, PA / ACCESSWIRE / April 12, 2021 / ProcureAM, an innovative exchange-traded product (ETP) issuer, will ring the Nasdaq Closing Bell today in honor of The Procure Space ETF (NASDAQ:UFO), the world's first global, pure-play space exchange-traded fund (ETF).Brought to market nearly two years ago, UFO offers investors exposure to the multibillion-dollar global space economy. The fund recently surpassed $100 million in assets under management, spotlighting the growing investor interest in the space industry."Investment appetite for the space sector has never been stronger," said Andrew Chanin, Co-Founder and CEO of ProcureAM. "In
Pivotal milestone achieved as investor interest in the commercial space industry heats up LEVITTOWN, PA / ACCESSWIRE / February 8, 2021 / The Procure Space ETF (Nasdaq:UFO), the inaugural fund launched by innovative exchange-traded product (ETP) issuer ProcureAM, has eclipsed $100 million in assets under management (AUM) less than two years after its debut. Brought to market in April 2019, UFO is the world's first exchange-traded fund (ETF) to offer investors pure-play exposure to the multibillion-dollar global space economy. The fund tracks (before fees and expenses) the S-Network Space Index, which focuses on companies that are significantly involved in space-related activities. "The co
LEVITTOWN, PA / ACCESSWIRE / January 29, 2021 / ProcureAM, a wholly owned subsidiary of Procure Holdings, LLC, announces that the Procure Space ETF (Nasdaq:UFO) is available for options trading via the Nasdaq Options Market (NOM), effective as of Jan. 27, 2021. "We are pleased Nasdaq has made this move amid increasing investor demand for UFO and creative trading strategies," said Andrew Chanin, co-founder and CEO of ProcureAM. "Now, investors have even more ways to play the emerging space economy." UFO's assets under management (AUM) have grown exponentially this year, surging more than 100% from Jan. 1 to Jan. 29, 2021. The fund is also up over 9% year-to-date, beating the S&P 500 by more