Magnolia Capital Advisors LLC Takes $320,000 Position in Global X Uranium ETF $URA

Magnolia Capital Advisors LLC purchased a new stake in Global X Uranium ETF (NYSEARCA:URA) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 8,255 shares of the company’s stock, valued at approximately $320,000.

Other large investors have also modified their holdings of the company. Brookwood Investment Group LLC acquired a new position in Global X Uranium ETF during the 1st quarter worth about $515,000. Envestnet Asset Management Inc. lifted its stake in Global X Uranium ETF by 27.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 178,351 shares of the company’s stock worth $4,088,000 after acquiring an additional 38,533 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Global X Uranium ETF by 3.3% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 270,036 shares of the company’s stock worth $10,234,000 after acquiring an additional 8,535 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Global X Uranium ETF by 51.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 4,077 shares of the company’s stock worth $158,000 after acquiring an additional 1,392 shares in the last quarter. Finally, DAVENPORT & Co LLC lifted its stake in Global X Uranium ETF by 18.2% during the 1st quarter. DAVENPORT & Co LLC now owns 14,364 shares of the company’s stock worth $329,000 after acquiring an additional 2,216 shares in the last quarter.

Global X Uranium ETF Trading Down 5.4%

URA opened at $49.73 on Wednesday. The stock’s 50-day moving average price is $48.46 and its 200 day moving average price is $39.53. Global X Uranium ETF has a 12-month low of $19.50 and a 12-month high of $60.51. The firm has a market cap of $5.32 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.