Discovery Capital Management LLC CT Reduces Position in Global X Uranium ETF (NYSEARCA:URA)

Discovery Capital Management LLC CT reduced its position in Global X Uranium ETF (NYSEARCA:URA) by 29.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 242,200 shares of the company’s stock after selling 100,000 shares during the quarter. Discovery Capital Management LLC CT’s holdings in Global X Uranium ETF were worth $6,486,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of 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 worth $382,970,000 after purchasing an additional 4,512,560 shares during the last quarter. Benjamin Edwards Inc. grew its stake in Global X Uranium ETF by 2,106.1% in the 3rd quarter. Benjamin Edwards Inc. now owns 968,228 shares of the company’s stock worth $27,700,000 after acquiring an additional 924,340 shares in the last quarter. LPL Financial LLC grew its stake in Global X Uranium ETF by 56.5% in the 4th quarter. LPL Financial LLC now owns 2,109,269 shares of the company’s stock worth $56,486,000 after acquiring an additional 761,345 shares in the last quarter. Clear Street Derivatives LLC purchased a new position in shares of Global X Uranium ETF during the third quarter worth approximately $6,283,000. Finally, GenTrust LLC raised its stake in shares of Global X Uranium ETF by 24.8% during the fourth quarter. GenTrust LLC now owns 800,465 shares of the company’s stock valued at $22,029,000 after acquiring an additional 159,307 shares in the last quarter.

Global X Uranium ETF Stock Down 0.8 %

Shares of NYSEARCA:URA opened at $22.92 on Tuesday. The business’s 50 day moving average is $26.37 and its 200 day moving average is $28.54. The stock has a market cap of $2.68 billion, a P/E ratio of 18.50 and a beta of 1.04. Global X Uranium ETF has a 52-week low of $22.47 and a 52-week high of $33.99.

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.