Alphadyne Asset Management LP Makes New Investment in Global X Uranium ETF $URA

Alphadyne Asset Management LP acquired a new position in Global X Uranium ETF (NYSEARCA:URA) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $4,767,000. Global X Uranium ETF makes up approximately 0.4% of Alphadyne Asset Management LP’s investment portfolio, making the stock its 7th largest holding. Alphadyne Asset Management LP owned about 0.09% of Global X Uranium ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of URA. Goldman Sachs Group Inc. boosted its holdings in Global X Uranium ETF by 52.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 396,515 shares of the company’s stock worth $9,088,000 after buying an additional 136,499 shares during the period. Empowered Funds LLC raised its holdings in Global X Uranium ETF by 179.4% during the first quarter. Empowered Funds LLC now owns 50,688 shares of the company’s stock valued at $1,162,000 after acquiring an additional 32,544 shares during the period. AE Wealth Management LLC lifted its position in shares of Global X Uranium ETF by 77.7% in the second quarter. AE Wealth Management LLC now owns 1,823 shares of the company’s stock valued at $71,000 after acquiring an additional 797 shares in the last quarter. Allworth Financial LP lifted its position in shares of Global X Uranium ETF by 2,883.5% in the second quarter. Allworth Financial LP now owns 9,935 shares of the company’s stock valued at $386,000 after acquiring an additional 9,602 shares in the last quarter. Finally, Wealth Alliance LLC bought a new position in shares of Global X Uranium ETF in the second quarter worth about $213,000.

Global X Uranium ETF Trading Down 2.9%

NYSEARCA:URA opened at $49.29 on Friday. Global X Uranium ETF has a 12-month low of $19.50 and a 12-month high of $62.28. The stock has a 50-day moving average price of $53.16 and a 200 day moving average price of $49.26. The stock has a market capitalization of $6.81 billion, a P/E ratio of 37.39 and a beta of 1.10.

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.