Simplex Trading LLC Sells 285,476 Shares of Global X Uranium ETF $URA

Simplex Trading LLC cut its holdings in shares of Global X Uranium ETF (NYSEARCA:URA) by 45.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 348,989 shares of the company’s stock after selling 285,476 shares during the quarter. Simplex Trading LLC’s holdings in Global X Uranium ETF were worth $13,907,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in URA. Ascentis Independent Advisors bought a new position in shares of Global X Uranium ETF during the first quarter valued at approximately $25,000. Manchester Capital Management LLC bought a new stake in Global X Uranium ETF in the third quarter valued at $26,000. Highland Investment Advisors LLC bought a new stake in Global X Uranium ETF in the second quarter valued at $34,000. Cassaday & Co Wealth Management LLC bought a new stake in Global X Uranium ETF in the first quarter valued at $48,000. Finally, Laurel Wealth Advisors LLC purchased a new position in Global X Uranium ETF during the 3rd quarter valued at $40,000.

Global X Uranium ETF Trading Up 6.2%

Shares of Global X Uranium ETF stock opened at $34.34 on Tuesday. The company’s fifty day simple moving average is $39.13 and its two-hundred day simple moving average is $46.45. The company has a market cap of $4.75 billion, a P/E ratio of 37.39 and a beta of 1.28. Global X Uranium ETF has a 12-month low of $30.40 and a 12-month high of $62.28.

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.