Tandem Financial LLC Makes New $2.02 Million Investment in Global X Uranium ETF $URA

Tandem Financial LLC purchased a new position in Global X Uranium ETF (NYSEARCA:URA) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 47,373 shares of the company’s stock, valued at approximately $2,024,000. Global X Uranium ETF makes up about 1.9% of Tandem Financial LLC’s holdings, making the stock its 15th largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in shares of Global X Uranium ETF by 1.5% in the third quarter. JPMorgan Chase & Co. now owns 2,188,532 shares of the company’s stock worth $104,327,000 after acquiring an additional 31,802 shares during the period. Phoenix Financial Ltd. acquired a new stake in shares of Global X Uranium ETF in the fourth quarter worth $90,486,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Global X Uranium ETF in the third quarter worth $60,255,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Global X Uranium ETF by 16.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,196,698 shares of the company’s stock worth $58,291,000 after acquiring an additional 172,288 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Global X Uranium ETF by 16.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 491,839 shares of the company’s stock worth $23,446,000 after acquiring an additional 68,702 shares during the period.

Global X Uranium ETF Price Performance

NYSEARCA:URA opened at $50.54 on Tuesday. The firm has a market capitalization of $7.11 billion, a P/E ratio of 37.39 and a beta of 1.16. Global X Uranium ETF has a 1-year low of $31.73 and a 1-year high of $62.28. The company’s fifty day moving average price is $51.62 and its 200-day moving average price is $50.41.

Global X Uranium ETF Company 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.