Yong Rong HK Asset Management Ltd Invests $2.68 Million in Global X Uranium ETF (NYSEARCA:URA)

Yong Rong HK Asset Management Ltd bought a new position in Global X Uranium ETF (NYSEARCA:URA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 100,000 shares of the company’s stock, valued at approximately $2,678,000. Global X Uranium ETF makes up 1.2% of Yong Rong HK Asset Management Ltd’s holdings, making the stock its 12th largest position. Yong Rong HK Asset Management Ltd owned 0.09% of Global X Uranium ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in URA. Keudell Morrison Wealth Management raised its position in shares of Global X Uranium ETF by 4.0% during the 4th quarter. Keudell Morrison Wealth Management now owns 10,115 shares of the company’s stock valued at $271,000 after buying an additional 386 shares in the last quarter. Riggs Asset Managment Co. Inc. raised its position in Global X Uranium ETF by 0.5% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 102,976 shares of the company’s stock valued at $2,763,000 after purchasing an additional 498 shares during the period. Moors & Cabot Inc. lifted its stake in shares of Global X Uranium ETF by 6.8% in the 3rd quarter. Moors & Cabot Inc. now owns 7,850 shares of the company’s stock valued at $225,000 after purchasing an additional 500 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Global X Uranium ETF by 1.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 33,213 shares of the company’s stock worth $950,000 after purchasing an additional 535 shares during the period. Finally, Gladstone Institutional Advisory LLC increased its position in shares of Global X Uranium ETF by 4.3% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 16,363 shares of the company’s stock valued at $468,000 after purchasing an additional 679 shares during the last quarter.

Global X Uranium ETF Stock Down 4.4 %

Shares of URA opened at $26.06 on Friday. Global X Uranium ETF has a 52-week low of $22.78 and a 52-week high of $33.99. The company has a market cap of $2.78 billion, a PE ratio of 22.45 and a beta of 1.08. The business has a fifty day moving average of $28.21 and a 200 day moving average of $28.64.

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.