Tandem Financial LLC Invests $2.02 Million in Global X Uranium ETF $URA

Tandem Financial LLC purchased a new position in Global X Uranium ETF (NYSEARCA:URA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 47,373 shares of the company’s stock, valued at approximately $2,024,000. Global X Uranium ETF accounts for approximately 1.9% of Tandem Financial LLC’s investment portfolio, making the stock its 15th largest holding.

Several other hedge funds have also recently modified their holdings of URA. Caprock Group LLC purchased a new position in shares of Global X Uranium ETF in the third quarter worth $1,200,000. Quadrant Private Wealth Management LLC raised its holdings in shares of Global X Uranium ETF by 1,047.6% in the fourth quarter. Quadrant Private Wealth Management LLC now owns 82,811 shares of the company’s stock worth $3,709,000 after buying an additional 75,595 shares during the last quarter. Riggs Asset Managment Co. Inc. raised its holdings in shares of Global X Uranium ETF by 631.5% in the third quarter. Riggs Asset Managment Co. Inc. now owns 86,180 shares of the company’s stock worth $4,108,000 after buying an additional 74,398 shares during the last quarter. Union Bancaire Privee UBP SA raised its holdings in shares of Global X Uranium ETF by 33.5% in the fourth quarter. Union Bancaire Privee UBP SA now owns 154,687 shares of the company’s stock worth $6,610,000 after buying an additional 38,850 shares during the last quarter. Finally, Mmbg Investment Advisors CO. purchased a new position in shares of Global X Uranium ETF in the third quarter worth $500,000.

Global X Uranium ETF Trading Down 0.4%

NYSEARCA URA opened at $50.54 on Tuesday. The company has a fifty day simple moving average of $51.62 and a two-hundred day simple moving average of $50.41. The stock has a market cap of $7.11 billion, a P/E ratio of 37.39 and a beta of 1.16. Global X Uranium ETF has a 12-month low of $31.73 and a 12-month high of $62.28.

About Global X Uranium ETF

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.