Global X Uranium ETF (NYSEARCA:URA) Position Lifted by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its stake in shares of Global X Uranium ETF (NYSEARCA:URA) by 27.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 178,351 shares of the company’s stock after acquiring an additional 38,533 shares during the period. Envestnet Asset Management Inc. owned about 0.16% of Global X Uranium ETF worth $4,088,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in URA. Thrivent Financial for Lutherans raised its holdings in shares of Global X Uranium ETF by 10.9% during the fourth quarter. Thrivent Financial for Lutherans now owns 13,468 shares of the company’s stock worth $361,000 after purchasing an additional 1,328 shares during the period. LPL Financial LLC raised its holdings in shares of Global X Uranium ETF by 56.5% during the fourth quarter. LPL Financial LLC now owns 2,109,269 shares of the company’s stock worth $56,486,000 after purchasing an additional 761,345 shares during the period. Financial Engines Advisors L.L.C. acquired a new stake in shares of Global X Uranium ETF during the fourth quarter worth $233,000. Sava Infond d.o.o. acquired a new stake in shares of Global X Uranium ETF during the fourth quarter worth $348,000. Finally, Edmond DE Rothschild Holding S.A. raised its holdings in shares of Global X Uranium ETF by 17.6% during the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 12,229 shares of the company’s stock worth $327,000 after purchasing an additional 1,829 shares during the period.

Global X Uranium ETF Stock Performance

Shares of NYSEARCA:URA opened at $41.83 on Friday. The stock has a market capitalization of $4.25 billion, a price-to-earnings ratio of 37.39 and a beta of 1.09. Global X Uranium ETF has a 1-year low of $19.50 and a 1-year high of $42.22. The company’s fifty day moving average is $36.16 and its two-hundred day moving average is $29.26.

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.