Global X Uranium ETF $URA Shares Sold by Summit Securities Group LLC

Summit Securities Group LLC reduced its holdings in shares of Global X Uranium ETF (NYSEARCA:URA) by 99.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 3,500 shares of the company’s stock after selling 444,400 shares during the period. Summit Securities Group LLC’s holdings in Global X Uranium ETF were worth $170,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in URA. Goldman Sachs Group Inc. grew its position in shares of Global X Uranium ETF by 52.5% in the first quarter. Goldman Sachs Group Inc. now owns 396,515 shares of the company’s stock valued at $9,088,000 after purchasing an additional 136,499 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Global X Uranium ETF by 179.4% during the 1st quarter. Empowered Funds LLC now owns 50,688 shares of the company’s stock worth $1,162,000 after purchasing an additional 32,544 shares in the last quarter. Cerity Partners LLC acquired a new position in shares of Global X Uranium ETF during the 2nd quarter worth approximately $319,000. Qube Research & Technologies Ltd acquired a new position in shares of Global X Uranium ETF during the 2nd quarter worth approximately $25,000. Finally, Main Street Financial Solutions LLC raised its position in shares of Global X Uranium ETF by 17.8% during the 2nd quarter. Main Street Financial Solutions LLC now owns 21,150 shares of the company’s stock worth $821,000 after purchasing an additional 3,200 shares during the last quarter.

Global X Uranium ETF Stock Performance

URA stock opened at $42.35 on Friday. The stock’s 50 day moving average price is $48.33 and its 200 day moving average price is $50.43. The firm has a market cap of $5.84 billion, a P/E ratio of 37.39 and a beta of 1.13. Global X Uranium ETF has a 1 year low of $35.64 and a 1 year high of $62.28.

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.