Global X Uranium ETF (NYSEARCA:URA) Reaches New 12-Month Low – Here’s What Happened

Global X Uranium ETF (NYSEARCA:URA – Get Free Report) reached a new 52-week low during mid-day trading on Friday. The stock traded as low as $33.29 and last traded at $33.6580, with a volume of 1,317,393 shares trading hands. The stock had previously closed at $35.72.

Global X Uranium ETF Stock Performance

The stock has a market cap of $4.67 billion, a P/E ratio of 37.39 and a beta of 1.27. The firm has a 50-day moving average price of $41.04 and a 200-day moving average price of $47.16.

Institutional Investors Weigh In On Global X Uranium ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC raised its stake in Global X Uranium ETF by 19.0% during the second quarter. NewEdge Advisors LLC now owns 318,494 shares of the company’s stock valued at $13,918,000 after purchasing an additional 50,843 shares in the last quarter. Quantinno Capital Management LP bought a new position in Global X Uranium ETF in the first quarter worth approximately $1,548,000. Innovative Advisory Group LLC bought a new position in Global X Uranium ETF in the second quarter worth about $993,000. Group One Trading LLC boosted its position in shares of Global X Uranium ETF by 226.7% in the 1st quarter. Group One Trading LLC now owns 1,751,918 shares of the company’s stock worth $84,845,000 after purchasing an additional 1,215,634 shares in the last quarter. Finally, TD Waterhouse Canada Inc. grew its position in Global X Uranium ETF by 6.1% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 402,937 shares of the company’s stock worth $15,946,000 after purchasing an additional 23,117 shares during the last quarter.

About Global X Uranium ETF

(Get Free Report)

The Global X Uranium ETF (URA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies involved in uranium mining and the production of nuclear components. URA was launched on Nov 4, 2010 and is managed by Global X.

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