Procure Space ETF (UFO)Miscellaneous Sector | Exchange Traded Fund | NasdaqGM
43.98 USD
-0.86
(-1.918%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 44.65 +0.67 (1.531%) ⇧ (Aug. 28, 2026, 7:53 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:20 a.m. EDT
The Procure Space ETF presents a classic high-beta thematic trade with mixed signals. Fundamentally, the business quality is solid; the asset has delivered a +60% return over the last year and sits on a positive six-year trajectory, avoiding the dreaded multi-year decline penalty. However, the valuation is stretched with a P/E of 26.5, reflecting the market's premium for the sector's explosive growth potential. The recent price action shows weakness, trading below both the 50-day and 200-day averages, which dampens immediate momentum despite the strong annual gains. The dividend yield of 0.34% is negligible, offering no income buffer and confirming this is purely a growth vehicle. Options activity reveals a speculative mood, with heavy call open interest at strikes significantly above the current price, hinting at hopes for a major catalyst or sector-wide surge. While the statistical forecast model offers only a weak lean upward, the fundamental story of a recovering space economy and a top-tier portfolio company like SpaceX remains intact. This is a hold for growth investors comfortable with volatility, but the lack of income and elevated valuation prevent a top-tier buy rating. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.155264 |
| AutoARIMA | 0.172632 |
| AutoETS | 0.176984 |
| MSTL | 0.180254 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 3.82 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.359 |
| Excess Kurtosis | -0.75 |
| Attribute | Value |
|---|---|
| Trailing P/E | 25.42 |
As of Aug. 22, 2026, 3:20 a.m. EDT: Speculators are positioning for a range-bound or slightly bullish outcome within the next three months. Call open interest is heavily skewed toward out-of-the-money strikes (60 and 80), suggesting bets on a significant upside move, while put open interest clusters around the 25-40 range, acting as a floor. The implied volatility surface shows elevated premiums for deep out-of-the-money calls relative to the money, indicating a 'lottery ticket' bias where traders are paying for the chance of a massive space-sector rally rather than hedging against a crash.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.12% | 0.35% | 1.25% | 1.64% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-29 | 0.058 | 0.117910 |
| 2025-12-29 | 0.090 | 0.231541 |
| 2025-06-27 | 0.075 | 0.260960 |
| 2025-03-27 | 0.012 | 0.052174 |
| 2024-12-30 | 0.237 | 1.011524 |
| 2024-09-27 | 0.181 | 0.931549 |
| 2024-06-27 | 0.042 | 0.265319 |
| 2023-12-28 | 0.043 | 0.230070 |
| 2023-09-27 | 0.106 | 0.651907 |
| 2023-06-28 | 0.140 | 0.735680 |
| 2023-03-29 | 0.066 | 0.353698 |
| 2022-12-29 | 0.138 | 0.717629 |
| 2022-09-28 | 0.089 | 0.483170 |
| 2022-06-28 | 0.150 | 0.744048 |
| 2022-03-29 | 0.245 | 0.935829 |
| 2021-12-30 | 0.130 | 0.477766 |
| 2021-09-27 | 0.001 | 0.003260 |
| 2021-06-25 | 0.118 | 0.368981 |
| 2021-03-26 | 0.023 | 0.080335 |
| 2020-12-31 | 0.163 | 0.639466 |
| 2020-09-25 | 0.060 | 0.292398 |
| 2020-06-25 | 0.050 | 0.249389 |
| 2019-12-30 | 0.067 | 0.253174 |
| 2019-09-27 | 0.030 | 0.115897 |
| 2019-06-28 | 0.020 | 0.075806 |
| Attribute | Value |
|---|---|
| All Time High | 68.212 |
| All Time Low | 14.21 |
| Ask | 46.92 |
| Ask Size | 4 |
| Average Daily Volume10 Day | 239,700 |
| Average Daily Volume3 Month | 887,682 |
| Average Volume | 887,682 |
| Average Volume10Days | 239,700 |
| Beta3 Year | 1.92 |
| Bid | 46.2 |
| Bid Size | 4 |
| Category | Miscellaneous Sector |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 44.88 |
| Day Low | 43.7522 |
| Dividend Yield | 0.34 |
| Eps Trailing Twelve Months | 1.730143 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 46.5204 |
| Fifty Day Average Change | -2.5404015 |
| Fifty Day Average Change Percent | -0.05460833 |
| Fifty Two Week Change Percent | 32.859253 |
| Fifty Two Week High | 68.212 |
| Fifty Two Week High Change | -24.231998 |
| Fifty Two Week High Change Percent | -0.3552454 |
| Fifty Two Week Low | 30.89 |
| Fifty Two Week Low Change | 13.09 |
| Fifty Two Week Low Change Percent | 0.42376176 |
| Fifty Two Week Range | 30.89 - 68.212 |
| First Trade Date Milliseconds | 1,554,989,400,000 |
| Five Year Average Return | 0.0993156 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.860001 |
| Fullday Change Percent | -1.91793 |
| Fullday Price | 44.6532 |
| Fund Family | Procure ETF Trust II |
| Fund Inception Date | 1,554,854,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | Procure Space ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_556901552 |
| Nav Price | 44.4718 |
| Net Assets | 587,233,660.0 |
| Net Expense Ratio | 0.75 |
| Open | 44.88 |
| Post Market Change | 0.6731987 |
| Post Market Change Percent | 1.5306928 |
| Post Market Price | 44.6532 |
| Post Market Time | 1,787,961,231 |
| Previous Close | 44.84 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.860001 |
| Regular Market Change Percent | -1.91793 |
| Regular Market Day High | 44.88 |
| Regular Market Day Low | 43.7522 |
| Regular Market Day Range | 43.7522 - 44.88 |
| Regular Market Open | 44.88 |
| Regular Market Previous Close | 44.84 |
| Regular Market Price | 43.98 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 248,917 |
| Short Name | Procure Space ETF |
| Source Interval | 15 |
| Symbol | UFO |
| Three Year Average Return | 0.3793082 |
| Total Assets | 587,233,664 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 25.419865 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -14.94391 |
| Trailing Three Month Returns | -14.94391 |
| Triggerable | 1 |
| Two Hundred Day Average | 46.2539 |
| Two Hundred Day Average Change | -2.273899 |
| Two Hundred Day Average Change Percent | -0.04916124 |
| Type Disp | ETF |
| Volume | 248,917 |
| Yield | 0.0034 |
| Ytd Return | 13.70474 |