Generation Capital Management LLC Buys New Position in Global X Uranium ETF (NYSEARCA:URA)

Generation Capital Management LLC bought a new position in shares of Global X Uranium ETF (NYSEARCA:URA) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 24,540 shares of the company’s stock, valued at approximately $657,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of URA. JPMorgan Chase & Co. boosted its position in shares of Global X Uranium ETF by 50.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,385,864 shares of the company’s stock valued at $382,970,000 after purchasing an additional 4,512,560 shares in the last quarter. LPL Financial LLC boosted its holdings in Global X Uranium ETF by 56.5% during the fourth quarter. LPL Financial LLC now owns 2,109,269 shares of the company’s stock worth $56,486,000 after buying an additional 761,345 shares in the last quarter. Invesco Ltd. grew its position in Global X Uranium ETF by 1.3% in the fourth quarter. Invesco Ltd. now owns 2,028,508 shares of the company’s stock worth $54,323,000 after buying an additional 26,408 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Global X Uranium ETF by 81.8% in the fourth quarter. Wells Fargo & Company MN now owns 1,728,901 shares of the company’s stock valued at $46,300,000 after buying an additional 777,767 shares in the last quarter. Finally, Marshall Wace LLP increased its holdings in shares of Global X Uranium ETF by 356.1% in the fourth quarter. Marshall Wace LLP now owns 1,290,871 shares of the company’s stock valued at $34,570,000 after buying an additional 1,007,853 shares in the last quarter.

Global X Uranium ETF Stock Up 0.7 %

URA opened at $22.87 on Friday. The firm has a market cap of $2.65 billion, a PE ratio of 17.74 and a beta of 1.07. The business has a fifty day simple moving average of $24.30 and a 200-day simple moving average of $27.97. Global X Uranium ETF has a fifty-two week low of $19.50 and a fifty-two week high of $33.99.

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.