Global X Uranium ETF $URA Stock Position Cut by Merit Financial Group LLC

Merit Financial Group LLC decreased its stake in shares of Global X Uranium ETF (NYSEARCA:URA) by 45.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 24,815 shares of the company’s stock after selling 21,031 shares during the period. Merit Financial Group LLC’s holdings in Global X Uranium ETF were worth $1,183,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Armstrong Advisory Group Inc. bought a new stake in shares of Global X Uranium ETF in the 3rd quarter worth approximately $6,244,000. Wealth Enhancement Advisory Services LLC grew its position in Global X Uranium ETF by 3.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 270,036 shares of the company’s stock worth $10,234,000 after buying an additional 8,535 shares during the last quarter. Farther Finance Advisors LLC grew its position in Global X Uranium ETF by 51.8% in the second quarter. Farther Finance Advisors LLC now owns 4,077 shares of the company’s stock worth $158,000 after buying an additional 1,392 shares during the last quarter. One Plus One Wealth Management LLC bought a new position in shares of Global X Uranium ETF in the second quarter valued at $1,740,000. Finally, HB Wealth Management LLC acquired a new stake in shares of Global X Uranium ETF during the 2nd quarter valued at $224,000.

Global X Uranium ETF Stock Up 5.6%

URA opened at $48.63 on Tuesday. The firm has a market cap of $5.75 billion, a PE ratio of 37.39 and a beta of 1.10. The business has a fifty day simple moving average of $46.73 and a 200-day simple moving average of $44.44. Global X Uranium ETF has a fifty-two week low of $19.50 and a fifty-two week high of $60.51.

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.