Vontobel Holding Ltd. Reduces Holdings in Global X Uranium ETF $URA

Vontobel Holding Ltd. lessened its holdings in shares of Global X Uranium ETF (NYSEARCA:URA) by 32.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 24,256 shares of the company’s stock after selling 11,655 shares during the period. Vontobel Holding Ltd.’s holdings in Global X Uranium ETF were worth $1,156,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of URA. Stonebridge Financial Group LLC lifted its stake in shares of Global X Uranium ETF by 181,860.0% in the second quarter. Stonebridge Financial Group LLC now owns 363,920 shares of the company’s stock worth $14,124,000 after buying an additional 363,720 shares in the last quarter. GW Henssler & Associates Ltd. purchased a new stake in Global X Uranium ETF during the 1st quarter valued at about $6,184,000. Fourpath Capital Management LLC acquired a new stake in Global X Uranium ETF in the 2nd quarter valued at about $9,128,000. Deltec Asset Management LLC lifted its stake in Global X Uranium ETF by 211.1% in the 2nd quarter. Deltec Asset Management LLC now owns 282,350 shares of the company’s stock worth $10,958,000 after purchasing an additional 191,600 shares in the last quarter. Finally, Avalon Capital Management purchased a new position in Global X Uranium ETF in the 2nd quarter worth approximately $7,249,000.

Global X Uranium ETF Price Performance

Shares of Global X Uranium ETF stock opened at $45.88 on Friday. The stock’s 50 day simple moving average is $47.44 and its 200-day simple moving average is $44.06. The stock has a market cap of $4.92 billion, a P/E ratio of 37.39 and a beta of 1.10. Global X Uranium ETF has a 1-year low of $19.50 and a 1-year high of $60.51.

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.