Procure Space ETF
The UFO ETF tracks the S-Network Space Index. This index includes companies generating at least 50% of their revenue from space-related businesses, such as satellite communications, rocket manufacturing, and geospatial technology. ASTS stock constitutes 4.65% of the ETF’s holdings.
Some of the top holdings in the UFO ETF include Space Exploration Technologies (SPCX), Trimble (TRMB), and Garmin (GRMN). Overall, the ETF has $844.28 million in assets under management (AUM) and an expense ratio of 0.75%.
On TipRanks, UFO ETF has a Moderate Buy consensus rating based on 36 Buys and 28 Holds assigned in the last three months. The average UFO ETF price target of $62.54 implies 23.42% upside potential.
Global X Space Tech ETF
