Black Point Wealth Management Sells 675 Shares of Global X Uranium ETF (NYSEARCA:URA)

Black Point Wealth Management cut its position in Global X Uranium ETF (NYSEARCA:URA) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,639 shares of the company’s stock after selling 675 shares during the period. Global X Uranium ETF comprises about 0.8% of Black Point Wealth Management’s portfolio, making the stock its 16th largest position. Black Point Wealth Management’s holdings in Global X Uranium ETF were worth $713,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new stake in Global X Uranium ETF during the 4th quarter worth $27,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Global X Uranium ETF in the second quarter worth about $37,000. Harbor Investment Advisory LLC raised its position in shares of Global X Uranium ETF by 106.7% during the fourth quarter. Harbor Investment Advisory LLC now owns 1,550 shares of the company’s stock worth $42,000 after purchasing an additional 800 shares during the period. Capital Performance Advisors LLP bought a new position in shares of Global X Uranium ETF during the 3rd quarter valued at about $67,000. Finally, Eastern Bank acquired a new position in shares of Global X Uranium ETF in the 3rd quarter valued at approximately $79,000.

Global X Uranium ETF Stock Performance

Shares of URA stock opened at $30.98 on Friday. The company’s 50 day moving average price is $29.56 and its two-hundred day moving average price is $28.63. Global X Uranium ETF has a 52 week low of $22.78 and a 52 week high of $33.99. The company has a market capitalization of $3.30 billion, a P/E ratio of 22.45 and a beta of 1.08.

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.