Encompass More Asset Management Takes $403,000 Position in Global X Uranium ETF $URA

Encompass More Asset Management acquired a new stake in shares of Global X Uranium ETF (NYSEARCA:URA) during the fourth quarter, HoldingsChannel reports. The fund acquired 9,434 shares of the company’s stock, valued at approximately $403,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Qube Research & Technologies Ltd bought a new position in shares of Global X Uranium ETF during the second quarter valued at approximately $25,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of Global X Uranium ETF during the third quarter valued at approximately $32,000. LFA Lugano Financial Advisors SA boosted its stake in shares of Global X Uranium ETF by 64.4% during the third quarter. LFA Lugano Financial Advisors SA now owns 715 shares of the company’s stock valued at $34,000 after purchasing an additional 280 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Global X Uranium ETF during the third quarter valued at approximately $35,000. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Global X Uranium ETF during the fourth quarter valued at approximately $43,000.

Global X Uranium ETF Stock Performance

NYSEARCA URA opened at $56.26 on Friday. The firm’s 50 day moving average price is $51.84 and its 200-day moving average price is $50.44. Global X Uranium ETF has a 52-week low of $26.46 and a 52-week high of $62.28. The company has a market cap of $7.92 billion, a PE ratio of 37.39 and a beta of 1.16.

Global X Uranium ETF Profile

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.