Parkside Investments LLC Trims Stake in Global X Uranium ETF $URA

Parkside Investments LLC lessened its position in Global X Uranium ETF (NYSEARCA:URA) by 42.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 203,667 shares of the company’s stock after selling 152,159 shares during the quarter. Global X Uranium ETF makes up about 1.2% of Parkside Investments LLC’s investment portfolio, making the stock its 23rd largest holding. Parkside Investments LLC’s holdings in Global X Uranium ETF were worth $9,709,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in URA. Palumbo Wealth Management LLC bought a new position in Global X Uranium ETF in the third quarter worth $1,169,000. Compound Planning Inc. bought a new stake in shares of Global X Uranium ETF during the 3rd quarter valued at $230,000. Ameritas Investment Partners Inc. purchased a new stake in shares of Global X Uranium ETF in the 3rd quarter worth about $165,000. Alteri Wealth LLC grew its position in shares of Global X Uranium ETF by 8.2% in the 3rd quarter. Alteri Wealth LLC now owns 20,882 shares of the company’s stock worth $995,000 after buying an additional 1,586 shares during the period. Finally, Citigroup Inc. boosted its stake in Global X Uranium ETF by 31.1% during the third quarter. Citigroup Inc. now owns 208,470 shares of the company’s stock worth $9,938,000 after acquiring an additional 49,506 shares in the last quarter.

Global X Uranium ETF Stock Performance

Shares of URA opened at $54.95 on Wednesday. Global X Uranium ETF has a fifty-two week low of $19.50 and a fifty-two week high of $62.28. The firm’s 50-day simple moving average is $51.27 and its two-hundred day simple moving average is $48.11. The stock has a market cap of $7.60 billion, a PE ratio of 37.39 and a beta of 1.10.

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.