Global X Uranium ETF (NYSEARCA:URA) Shares Gap Down – What’s Next?

Global X Uranium ETF (NYSEARCA:URA)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $45.74, but opened at $43.70. Global X Uranium ETF shares last traded at $43.1640, with a volume of 1,497,449 shares changing hands.

Global X Uranium ETF Price Performance

The stock has a market capitalization of $4.65 billion, a price-to-earnings ratio of 37.39 and a beta of 1.10. The company has a 50-day simple moving average of $47.29 and a two-hundred day simple moving average of $44.19.

Institutional Trading of Global X Uranium ETF

Hedge funds have recently bought and sold shares of the company. Reyes Financial Architecture Inc. acquired a new stake in shares of Global X Uranium ETF in the second quarter valued at approximately $25,000. Qube Research & Technologies Ltd bought a new stake in Global X Uranium ETF during the 2nd quarter valued at $25,000. MassMutual Private Wealth & Trust FSB acquired a new position in Global X Uranium ETF during the 3rd quarter worth $32,000. Atlantic Union Bankshares Corp bought a new position in shares of Global X Uranium ETF in the second quarter worth $34,000. Finally, LFA Lugano Financial Advisors SA increased its holdings in shares of Global X Uranium ETF by 64.4% during the third quarter. LFA Lugano Financial Advisors SA now owns 715 shares of the company’s stock valued at $34,000 after purchasing an additional 280 shares during the period.

Global X Uranium ETF Company 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.