Procure Space ETF (UFO) Blasts Past $100 Million in Assets Monday, February 8, 2021 9:03 AM Share this article now Company Update
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.