NewEdge Advisors LLC Raises Holdings in Global X Uranium ETF $URA

NewEdge Advisors LLC grew its holdings in Global X Uranium ETF (NYSEARCA:URA) by 61.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 267,651 shares of the company’s stock after buying an additional 101,756 shares during the quarter. NewEdge Advisors LLC’s holdings in Global X Uranium ETF were worth $12,962,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Axiom Investment Management LLC acquired a new position in Global X Uranium ETF during the first quarter worth $73,000. Western Wealth Management LLC lifted its holdings in Global X Uranium ETF by 6.4% in the first quarter. Western Wealth Management LLC now owns 11,303 shares of the company’s stock valued at $547,000 after acquiring an additional 679 shares during the period. Bank of America Corp DE lifted its holdings in Global X Uranium ETF by 17.3% in the first quarter. Bank of America Corp DE now owns 6,432,719 shares of the company’s stock valued at $311,537,000 after acquiring an additional 947,320 shares during the period. Centaurus Financial Inc. boosted its position in shares of Global X Uranium ETF by 19.7% during the 1st quarter. Centaurus Financial Inc. now owns 2,893 shares of the company’s stock worth $140,000 after purchasing an additional 477 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Global X Uranium ETF by 634.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 5,226 shares of the company’s stock worth $253,000 after purchasing an additional 4,514 shares in the last quarter.

Global X Uranium ETF Stock Up 4.0%

NYSEARCA:URA opened at $44.91 on Friday. Global X Uranium ETF has a fifty-two week low of $35.64 and a fifty-two week high of $62.28. The stock has a market cap of $6.22 billion, a PE ratio of 37.39 and a beta of 1.15. The firm’s fifty day simple moving average is $43.55 and its 200-day simple moving average is $49.33.

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.