Confluence Investment Management LLC Buys 30,895 Shares of Global X Uranium ETF (NYSEARCA:URA)

Confluence Investment Management LLC lifted its stake in Global X Uranium ETF (NYSEARCA:URA) by 7.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 449,959 shares of the company’s stock after acquiring an additional 30,895 shares during the period. Confluence Investment Management LLC’s holdings in Global X Uranium ETF were worth $12,873,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Castle Hook Partners LP increased its holdings in Global X Uranium ETF by 76.0% in the 1st quarter. Castle Hook Partners LP now owns 1,833,519 shares of the company’s stock valued at $52,860,000 after buying an additional 791,818 shares during the period. Lloyd Harbor Capital Management LLC bought a new stake in Global X Uranium ETF in the second quarter valued at about $14,096,000. Lee Johnson Capital Management LLC bought a new stake in Global X Uranium ETF in the second quarter valued at about $10,729,000. Eagle Strategies LLC raised its position in Global X Uranium ETF by 2,353.5% in the second quarter. Eagle Strategies LLC now owns 252,714 shares of the company’s stock worth $7,316,000 after purchasing an additional 242,414 shares in the last quarter. Finally, Discovery Capital Management LLC CT bought a new position in Global X Uranium ETF during the second quarter worth about $6,285,000.

Global X Uranium ETF Trading Up 4.0 %

NYSEARCA URA opened at $31.52 on Friday. Global X Uranium ETF has a 1-year low of $22.78 and a 1-year high of $33.99. The stock’s 50 day moving average is $28.80 and its two-hundred day moving average is $28.97. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08.

Global X Uranium ETF Company 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.