70,723 Shares in Global X Uranium ETF (NYSEARCA:URA) Bought by Park Edge Advisors LLC

Park Edge Advisors LLC purchased a new position in shares of Global X Uranium ETF (NYSEARCA:URA) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 70,723 shares of the company’s stock, valued at approximately $2,039,000. Global X Uranium ETF accounts for about 0.6% of Park Edge Advisors LLC’s holdings, making the stock its 21st largest position. Park Edge Advisors LLC owned about 0.07% of Global X Uranium ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Red Tortoise LLC purchased a new stake in Global X Uranium ETF during the 1st quarter worth $175,000. WFA Asset Management Corp acquired a new position in Global X Uranium ETF during the 1st quarter worth $26,000. Wealth Enhancement Advisory Services LLC grew its holdings in Global X Uranium ETF by 29.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 163,362 shares of the company’s stock worth $4,710,000 after acquiring an additional 36,828 shares in the last quarter. Brookstone Capital Management grew its holdings in Global X Uranium ETF by 15.8% during the 1st quarter. Brookstone Capital Management now owns 13,950 shares of the company’s stock worth $402,000 after acquiring an additional 1,906 shares in the last quarter. Finally, Sunbelt Securities Inc. acquired a new position in Global X Uranium ETF during the 1st quarter worth $36,000.

Global X Uranium ETF Stock Performance

Shares of NYSEARCA URA traded up $0.93 during midday trading on Thursday, hitting $29.83. The company’s stock had a trading volume of 2,185,358 shares, compared to its average volume of 3,105,920. Global X Uranium ETF has a 1-year low of $20.32 and a 1-year high of $33.66. The firm’s fifty day moving average price is $30.64 and its 200-day moving average price is $29.65. The firm has a market cap of $3.18 billion, a P/E ratio of 22.45 and a beta of 1.08.

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.