Global X Uranium ETF $URA Shares Bought by Fortem Financial Group LLC

Fortem Financial Group LLC increased its stake in Global X Uranium ETF (NYSEARCA:URA) by 2.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 385,328 shares of the company’s stock after purchasing an additional 9,925 shares during the quarter. Global X Uranium ETF makes up approximately 5.3% of Fortem Financial Group LLC’s investment portfolio, making the stock its largest position. Fortem Financial Group LLC’s holdings in Global X Uranium ETF were worth $18,369,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Transcend Capital Advisors LLC boosted its stake in shares of Global X Uranium ETF by 6.1% during the 3rd quarter. Transcend Capital Advisors LLC now owns 24,543 shares of the company’s stock worth $1,170,000 after acquiring an additional 1,420 shares during the period. Thrivent Financial for Lutherans bought a new position in Global X Uranium ETF during the third quarter worth about $3,867,000. Trinity Legacy Partners LLC bought a new position in shares of Global X Uranium ETF during the third quarter worth approximately $2,916,000. Bryn Mawr Trust Advisors LLC bought a new position in Global X Uranium ETF during the 3rd quarter worth $210,000. Finally, Cypress Capital Group bought a new position in shares of Global X Uranium ETF in the third quarter worth $2,730,000.

Global X Uranium ETF Trading Down 7.3%

Shares of Global X Uranium ETF stock opened at $54.99 on Friday. The company has a 50 day moving average of $48.89 and a 200-day moving average of $46.55. The company has a market cap of $7.24 billion, a PE ratio of 37.39 and a beta of 1.10. Global X Uranium ETF has a 1-year low of $19.50 and a 1-year high of $62.28.

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.