FYI: The Procure Space ETF (UFO) that launched on Thursday scores some points with its memorable ticker symbol. Ultimately, it hopes to score points with investors by delivering memorable results with its portfolio of companies involved in space-related industries.
This is the first ETF from ProcureAM, an outfit co-founded by ETF veterans Robert Tull and Andrew Chanin. Tull has helped build and launch more than 400 ETFs during the past quarter century, while Chanin helped create the PureFunds suite of ETFs that ultimately were taken over by ETF Managers Group in controversial fashion two years ago.
Regards,
Ted
https://www.fa-mag.com/news/new-etf-is-out-of-this-world-44300.html?print
