Parallel Advisors LLC Buys 59,106 Shares of Global X Uranium ETF $URA

Parallel Advisors LLC increased its stake in shares of Global X Uranium ETF (NYSEARCA:URA) by 3,943.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 60,605 shares of the company’s stock after acquiring an additional 59,106 shares during the quarter. Parallel Advisors LLC’s holdings in Global X Uranium ETF were worth $2,415,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Commonwealth Equity Services LLC acquired a new stake in shares of Global X Uranium ETF in the third quarter valued at approximately $8,291,000. Basso Capital Management L.P. acquired a new position in Global X Uranium ETF during the 3rd quarter worth $498,000. Sound Financial Strategies Group LLC lifted its holdings in Global X Uranium ETF by 9.1% during the 3rd quarter. Sound Financial Strategies Group LLC now owns 22,318 shares of the company’s stock worth $889,000 after buying an additional 1,863 shares in the last quarter. Integrity Alliance LLC. bought a new position in Global X Uranium ETF in the 3rd quarter valued at $838,000. Finally, Tucker Asset Management LLC boosted its position in Global X Uranium ETF by 5.7% in the 3rd quarter. Tucker Asset Management LLC now owns 27,949 shares of the company’s stock valued at $1,114,000 after buying an additional 1,516 shares during the last quarter.

Global X Uranium ETF Stock Performance

Shares of URA opened at $32.34 on Monday. The business’s fifty day moving average price is $39.35 and its two-hundred day moving average price is $46.56. The firm has a market capitalization of $4.47 billion, a price-to-earnings ratio of 37.39 and a beta of 1.28. Global X Uranium ETF has a 52 week low of $30.40 and a 52 week high of $62.28.

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.