Summit Securities Group LLC Cuts Position in Global X Uranium ETF $URA

Summit Securities Group LLC decreased its stake in Global X Uranium ETF (NYSEARCA:URA) by 99.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,500 shares of the company’s stock after selling 444,400 shares during the period. Summit Securities Group LLC’s holdings in Global X Uranium ETF were worth $170,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Ascentis Independent Advisors purchased a new position in Global X Uranium ETF in the first quarter valued at about $25,000. Qube Research & Technologies Ltd purchased a new stake in shares of Global X Uranium ETF during the 2nd quarter worth approximately $25,000. Hazlett Burt & Watson Inc. purchased a new stake in shares of Global X Uranium ETF during the 4th quarter worth approximately $27,000. EverSource Wealth Advisors LLC boosted its stake in shares of Global X Uranium ETF by 612.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 712 shares of the company’s stock worth $30,000 after acquiring an additional 612 shares in the last quarter. Finally, WealthShield Partners LLC grew its holdings in shares of Global X Uranium ETF by 173.9% in the 4th quarter. WealthShield Partners LLC now owns 912 shares of the company’s stock worth $39,000 after acquiring an additional 579 shares during the period.

Global X Uranium ETF Price Performance

NYSEARCA URA opened at $42.35 on Friday. Global X Uranium ETF has a 1-year low of $35.64 and a 1-year high of $62.28. The company has a market capitalization of $5.84 billion, a P/E ratio of 37.39 and a beta of 1.13. The business has a 50 day moving average price of $48.33 and a 200 day moving average price of $50.43.

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.