Powell Investment Advisors LLC Acquires 1,690 Shares of Global X Uranium ETF (NYSEARCA:URA)

Powell Investment Advisors LLC lifted its position in shares of Global X Uranium ETF (NYSEARCA:URA) by 53.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,855 shares of the company’s stock after purchasing an additional 1,690 shares during the quarter. Powell Investment Advisors LLC’s holdings in Global X Uranium ETF were worth $134,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Elevate Capital Advisors LLC acquired a new position in shares of Global X Uranium ETF in the 4th quarter valued at approximately $1,777,000. Stephens Inc. AR grew its position in shares of Global X Uranium ETF by 56.4% in the fourth quarter. Stephens Inc. AR now owns 35,288 shares of the company’s stock valued at $945,000 after purchasing an additional 12,730 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Global X Uranium ETF during the fourth quarter worth $486,000. Kingsview Wealth Management LLC increased its holdings in shares of Global X Uranium ETF by 39.6% during the fourth quarter. Kingsview Wealth Management LLC now owns 36,898 shares of the company’s stock worth $988,000 after purchasing an additional 10,467 shares during the period. Finally, Almanack Investment Partners LLC. acquired a new stake in shares of Global X Uranium ETF during the 4th quarter worth $1,435,000.

Global X Uranium ETF Trading Up 2.6 %

NYSEARCA URA opened at $29.10 on Monday. Global X Uranium ETF has a 1 year low of $22.78 and a 1 year high of $33.99. The firm’s 50 day simple moving average is $28.80 and its 200 day simple moving average is $28.55. The firm has a market capitalization of $3.10 billion, a price-to-earnings 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.