Laurel Wealth Advisors LLC Makes New Investment in Global X Uranium ETF (NYSEARCA:URA)

Laurel Wealth Advisors LLC bought a new stake in Global X Uranium ETF (NYSEARCA:URA) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $27,000.

Several other hedge funds have also made changes to their positions in the business. Park Avenue Securities LLC increased its holdings in shares of Global X Uranium ETF by 10.5% in the fourth quarter. Park Avenue Securities LLC now owns 7,977 shares of the company’s stock valued at $214,000 after purchasing an additional 758 shares during the period. Heartwood Wealth Advisors LLC grew its position in Global X Uranium ETF by 1.0% in the 4th quarter. Heartwood Wealth Advisors LLC now owns 586,722 shares of the company’s stock valued at $15,712,000 after buying an additional 5,752 shares during the last quarter. Fortem Financial Group LLC increased its stake in Global X Uranium ETF by 0.7% in the 4th quarter. Fortem Financial Group LLC now owns 353,831 shares of the company’s stock valued at $9,476,000 after buying an additional 2,531 shares during the period. Confluence Investment Management LLC raised its position in Global X Uranium ETF by 4.5% during the 4th quarter. Confluence Investment Management LLC now owns 470,405 shares of the company’s stock worth $12,597,000 after buying an additional 20,446 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Global X Uranium ETF by 50.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,385,864 shares of the company’s stock worth $382,970,000 after acquiring an additional 4,512,560 shares during the period.

Global X Uranium ETF Stock Up 1.7 %

Shares of NYSEARCA:URA opened at $27.65 on Thursday. Global X Uranium ETF has a fifty-two week low of $22.78 and a fifty-two week high of $33.99. The firm’s 50-day simple moving average is $29.78 and its 200-day simple moving average is $28.66. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08.

Global X Uranium ETF 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.