Spinnaker Trust Has $15.38 Million Holdings in Global X Uranium ETF $URA

Spinnaker Trust lowered its position in shares of Global X Uranium ETF (NYSEARCA:URA) by 14.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 322,652 shares of the company’s stock after selling 56,446 shares during the quarter. Global X Uranium ETF comprises 0.9% of Spinnaker Trust’s investment portfolio, making the stock its 28th biggest holding. Spinnaker Trust’s holdings in Global X Uranium ETF were worth $15,381,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in URA. Goldman Sachs Group Inc. boosted its holdings in shares of Global X Uranium ETF by 52.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 396,515 shares of the company’s stock worth $9,088,000 after buying an additional 136,499 shares in the last quarter. Empowered Funds LLC grew its holdings in Global X Uranium ETF by 179.4% in the first quarter. Empowered Funds LLC now owns 50,688 shares of the company’s stock worth $1,162,000 after purchasing an additional 32,544 shares during the period. Ameritas Advisory Services LLC acquired a new position in shares of Global X Uranium ETF during the second quarter valued at about $52,000. Wealthcare Advisory Partners LLC boosted its position in shares of Global X Uranium ETF by 2.7% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 12,103 shares of the company’s stock worth $470,000 after purchasing an additional 316 shares in the last quarter. Finally, Stonebridge Financial Group LLC grew its stake in shares of Global X Uranium ETF by 181,860.0% in the 2nd quarter. Stonebridge Financial Group LLC now owns 363,920 shares of the company’s stock valued at $14,124,000 after buying an additional 363,720 shares during the period.

Global X Uranium ETF Stock Up 6.2%

NYSEARCA URA opened at $52.16 on Friday. Global X Uranium ETF has a 52 week low of $19.50 and a 52 week high of $62.28. The business has a 50 day moving average price of $49.71 and a 200-day moving average price of $46.93. The company has a market cap of $7.21 billion, a price-to-earnings ratio of 37.39 and a beta of 1.10.

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.