Global X Uranium ETF (NYSEARCA:URA) Hits New 1-Year High – What’s Next?

Global X Uranium ETF (NYSEARCA:URA)’s stock price hit a new 52-week high on Friday . The company traded as high as $42.58 and last traded at $41.16, with a volume of 1070599 shares. The stock had previously closed at $40.98.

Global X Uranium ETF Price Performance

The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of 37.39 and a beta of 1.09. The stock’s fifty day simple moving average is $39.21 and its two-hundred day simple moving average is $31.20.

Institutional Trading of Global X Uranium ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Cooper Financial Group raised its holdings in shares of Global X Uranium ETF by 1.7% during the second quarter. Cooper Financial Group now owns 17,939 shares of the company’s stock worth $696,000 after purchasing an additional 300 shares during the period. Sava Infond d.o.o. increased its holdings in shares of Global X Uranium ETF by 5.2% in the 2nd quarter. Sava Infond d.o.o. now owns 6,100 shares of the company’s stock worth $237,000 after acquiring an additional 300 shares during the period. Cape Investment Advisory Inc. increased its holdings in shares of Global X Uranium ETF by 23.3% in the 2nd quarter. Cape Investment Advisory Inc. now owns 1,588 shares of the company’s stock worth $62,000 after acquiring an additional 300 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in shares of Global X Uranium ETF by 2.7% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 12,103 shares of the company’s stock worth $470,000 after acquiring an additional 316 shares during the period. Finally, Riggs Asset Managment Co. Inc. increased its holdings in shares of Global X Uranium ETF by 3.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 11,782 shares of the company’s stock worth $457,000 after acquiring an additional 345 shares during the period.

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.