Sowell Financial Services LLC Trims Stock Holdings in Global X Uranium ETF $URA

Sowell Financial Services LLC reduced its stake in Global X Uranium ETF (NYSEARCA:URA) by 24.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,262 shares of the company’s stock after selling 2,699 shares during the quarter. Sowell Financial Services LLC’s holdings in Global X Uranium ETF were worth $321,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in URA. Farther Finance Advisors LLC increased its stake in Global X Uranium ETF by 51.8% in the second quarter. Farther Finance Advisors LLC now owns 4,077 shares of the company’s stock valued at $158,000 after purchasing an additional 1,392 shares during the last quarter. UMB Bank n.a. acquired a new stake in Global X Uranium ETF during the second quarter worth about $466,000. Shelton Wealth Management LLC increased its stake in Global X Uranium ETF by 3.7% during the second quarter. Shelton Wealth Management LLC now owns 10,240 shares of the company’s stock worth $397,000 after acquiring an additional 362 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Global X Uranium ETF by 3.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 270,036 shares of the company’s stock worth $10,234,000 after acquiring an additional 8,535 shares during the last quarter. Finally, Sovran Advisors LLC acquired a new stake in Global X Uranium ETF during the second quarter worth about $200,000.

Global X Uranium ETF Price Performance

Shares of NYSEARCA:URA opened at $49.17 on Friday. The firm has a market capitalization of $5.17 billion, a PE ratio of 37.39 and a beta of 1.09. The business has a 50-day moving average of $41.56 and a two-hundred day moving average of $33.60. Global X Uranium ETF has a 12 month low of $19.50 and a 12 month high of $51.39.

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.