Spinnaker Trust Buys 5,718 Shares of Global X Uranium ETF (NYSEARCA:URA)

Spinnaker Trust increased its stake in shares of Global X Uranium ETF (NYSEARCA:URA) by 1.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 350,892 shares of the company’s stock after acquiring an additional 5,718 shares during the period. Spinnaker Trust’s holdings in Global X Uranium ETF were worth $9,397,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of URA. Truist Financial Corp bought a new stake in Global X Uranium ETF in the second quarter valued at approximately $252,000. Strategic Financial Concepts LLC bought a new stake in Global X Uranium ETF in the fourth quarter valued at approximately $304,000. JPMorgan Chase & Co. raised its stake in Global X Uranium ETF by 50.9% in the third quarter. JPMorgan Chase & Co. now owns 13,385,864 shares of the company’s stock valued at $382,970,000 after buying an additional 4,512,560 shares during the period. Sequoia Financial Advisors LLC raised its stake in Global X Uranium ETF by 14.1% in the third quarter. Sequoia Financial Advisors LLC now owns 7,905 shares of the company’s stock valued at $226,000 after buying an additional 976 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in Global X Uranium ETF by 40.8% in the third quarter. Janney Montgomery Scott LLC now owns 56,578 shares of the company’s stock valued at $1,619,000 after buying an additional 16,409 shares during the period.

Global X Uranium ETF Stock Down 3.2 %

NYSEARCA:URA opened at $28.03 on Friday. The stock’s 50 day moving average price is $28.56 and its two-hundred day moving average price is $28.58. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08. Global X Uranium ETF has a 12-month low of $22.78 and a 12-month 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.