Financial Advocates Investment Management Buys 21,847 Shares of Global X Uranium ETF (NYSEARCA:URA)

Financial Advocates Investment Management grew its stake in Global X Uranium ETF (NYSEARCA:URA) by 90.3% in the 4th quarter, Holdings Channel reports. The firm owned 46,035 shares of the company’s stock after purchasing an additional 21,847 shares during the period. Financial Advocates Investment Management’s holdings in Global X Uranium ETF were worth $1,233,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Keudell Morrison Wealth Management grew its stake in Global X Uranium ETF by 4.0% in the fourth quarter. Keudell Morrison Wealth Management now owns 10,115 shares of the company’s stock worth $271,000 after purchasing an additional 386 shares during the period. Riggs Asset Managment Co. Inc. grew its position in shares of Global X Uranium ETF by 0.5% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 102,976 shares of the company’s stock worth $2,763,000 after buying an additional 498 shares during the period. Moors & Cabot Inc. increased its stake in shares of Global X Uranium ETF by 6.8% in the 3rd quarter. Moors & Cabot Inc. now owns 7,850 shares of the company’s stock worth $225,000 after acquiring an additional 500 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in Global X Uranium ETF by 1.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 33,213 shares of the company’s stock valued at $950,000 after acquiring an additional 535 shares during the period. Finally, E&G Advisors LP lifted its position in Global X Uranium ETF by 4.5% during the 3rd quarter. E&G Advisors LP now owns 12,784 shares of the company’s stock valued at $366,000 after acquiring an additional 550 shares during the period.

Global X Uranium ETF Stock Performance

Shares of URA opened at $28.36 on Friday. 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 $28.94 and its two-hundred day simple moving average is $28.54. The stock has a market cap of $3.02 billion, a PE ratio of 22.45 and a beta of 1.08.

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.