Envestnet Asset Management Inc. Increases Position in Global X Uranium ETF $URA

Envestnet Asset Management Inc. boosted its holdings in shares of Global X Uranium ETF (NYSEARCA:URA) by 13.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 194,033 shares of the company’s stock after purchasing an additional 23,343 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.18% of Global X Uranium ETF worth $9,250,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Qube Research & Technologies Ltd purchased a new stake in Global X Uranium ETF in the 2nd quarter worth $25,000. MassMutual Private Wealth & Trust FSB purchased a new position in Global X Uranium ETF during the third quarter valued at $32,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Global X Uranium ETF in the second quarter valued at about $34,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Global X Uranium ETF during the third quarter worth about $35,000. Finally, Crowley Wealth Management Inc. increased its stake in shares of Global X Uranium ETF by 36.4% during the third quarter. Crowley Wealth Management Inc. now owns 750 shares of the company’s stock worth $36,000 after purchasing an additional 200 shares in the last quarter.

Global X Uranium ETF Trading Up 1.8%

Shares of Global X Uranium ETF stock opened at $53.92 on Friday. Global X Uranium ETF has a twelve month low of $19.50 and a twelve month high of $62.28. The firm has a market capitalization of $7.45 billion, a PE ratio of 37.39 and a beta of 1.10. The firm’s 50-day moving average price is $50.71 and its 200 day moving average price is $47.71.

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.