Gilat Satellite Networks Ltd. (NASDAQ:GILT)’s traded shares stood at 494,153 during the last session, with the company’s beta value hitting 0.31. At the close of trading, the stock’s price was $10.52, to imply an increase of 2.04% or $0.21 in intraday trading. The GILT share’s 52-week high r
A Fund Named YODA Is Coming to London as Space ETFs Go Global
Jun 03 2021, 6:50 PM
June 03 2021, 3:58 PM
June 03 2021, 6:50 PM
(Bloomberg) The ETF space race is going global, as a new intergalactic-inspired product prepares for its London debut in the coming days.
(Bloomberg) The ETF space race is going global, as a new intergalactic-inspired product prepares for its London debut in the coming days.
With a ticker pulled straight from the pop-culture playbook, YODA will be the first exchange-traded fund in Europe tracking the âspace economy,â according to a release from issuer Procure Holdings.
It joins a tiny handful of similarly themed offerings in North America, and its arrival comes two months after Cathie Wood rode the space-investing trend to one of the best launches in ETF history.
Opalesque Industry Update - European investors are being given the chance to access the expanding space economy through the launch of Europe s first Space ETF, Procure Space UCITS ETF (ticker: YODA) YODA in the latest innovation on the HANetf platform with Procure.
Procure has a sister ETF in the US with the ticker: UFO and is from the same team that was behind notable thematics including the world s first Cyber Security ETF. The YODA ETF will list on London Stock Exchange in early June 2021 and has been passported for sale across Europe.
The launch is being supported with a bespoke SPACE index - the first and only Certified Space Data Product recognised by space exploration advocacy and education organisation Space Foundation - focused on satellite operators and hardware makers.
Space ETFs Perk Up as NASA Announces New Lunar Vehicle May 27, 2021
Lockheed Martin and General Motors announced Wednesday that they will be partnering to create a new type of lunar vehicle for NASA to use during its upcoming Artemis missions to the moon.
“Surface mobility is critical to enable and sustain long-term exploration of the lunar surface. These next-generation rovers will dramatically extend the range of astronauts,” Lockheed Martin executive vice president Rick Ambrose said in a statement.
Earlier this year NASA released a memo to companies that it “requires a human-class rover that will extend the exploration range of” astronauts during missions for the agency’s Artemis program. The NASA program, which was revealed by former President Trump’s administration and has continued under President Joe Biden, involves a plethora of missions to the moon’s orbit and surface in the future.