Spinnaker Trust Cuts Stake in Global X Uranium ETF (NYSEARCA:URA)

Spinnaker Trust lessened its stake in shares of Global X Uranium ETF (NYSEARCA:URA) by 0.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 345,174 shares of the company’s stock after selling 3,215 shares during the period. Spinnaker Trust owned 0.32% of Global X Uranium ETF worth $9,875,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Beaird Harris Wealth Management LLC acquired a new position in shares of Global X Uranium ETF during the 1st quarter worth approximately $37,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Global X Uranium ETF during the 2nd quarter worth $37,000. Pacifica Partners Inc. increased its position in shares of Global X Uranium ETF by 303.0% during the second quarter. Pacifica Partners Inc. now owns 1,330 shares of the company’s stock valued at $40,000 after acquiring an additional 1,000 shares during the last quarter. Cambridge Trust Co. purchased a new stake in Global X Uranium ETF in the first quarter valued at approximately $50,000. Finally, Eastern Bank acquired a new position in Global X Uranium ETF during the 3rd quarter worth about $79,000.

Global X Uranium ETF Trading Up 0.6 %

URA traded up $0.17 during trading hours on Wednesday, hitting $30.18. 1,567,521 shares of the company’s stock were exchanged, compared to its average volume of 3,068,042. The firm has a 50 day moving average of $28.59 and a 200 day moving average of $28.94. The firm has a market cap of $3.22 billion, a P/E 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.

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.