Quantitative Investment Management LLC Decreases Position in Global X Uranium ETF $URA

Quantitative Investment Management LLC lowered its stake in Global X Uranium ETF (NYSEARCA:URA) by 43.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,155 shares of the company’s stock after selling 19,426 shares during the quarter. Quantitative Investment Management LLC’s holdings in Global X Uranium ETF were worth $1,099,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Encompass More Asset Management purchased a new position in shares of Global X Uranium ETF in the fourth quarter valued at $403,000. MCF Advisors LLC acquired a new position in Global X Uranium ETF in the 4th quarter worth $509,000. Virtu Financial LLC boosted its position in Global X Uranium ETF by 313.2% in the 4th quarter. Virtu Financial LLC now owns 109,533 shares of the company’s stock valued at $4,680,000 after buying an additional 83,023 shares during the last quarter. Foundations Investment Advisors LLC grew its stake in shares of Global X Uranium ETF by 860.8% during the fourth quarter. Foundations Investment Advisors LLC now owns 85,901 shares of the company’s stock valued at $3,671,000 after acquiring an additional 76,960 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd acquired a new position in shares of Global X Uranium ETF in the fourth quarter worth about $1,154,000.

Global X Uranium ETF Stock Performance

Shares of URA opened at $43.94 on Wednesday. Global X Uranium ETF has a one year low of $37.18 and a one year high of $62.28. The stock has a 50-day moving average price of $42.96 and a 200 day moving average price of $48.14. The company has a market capitalization of $6.09 billion, a P/E ratio of 37.39 and a beta of 1.15.

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.