Spectrum Strategic Capital Management LLC Acquires New Position in Global X Uranium ETF $URA

Spectrum Strategic Capital Management LLC acquired a new stake in Global X Uranium ETF (NYSEARCA:URA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,969 shares of the company’s stock, valued at approximately $1,067,000.

A number of other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of Global X Uranium ETF by 1.5% in the third quarter. JPMorgan Chase & Co. now owns 2,188,532 shares of the company’s stock valued at $104,327,000 after purchasing an additional 31,802 shares during the period. Phoenix Financial Ltd. purchased a new stake in shares of Global X Uranium ETF in the fourth quarter valued at about $90,486,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Global X Uranium ETF in the third quarter valued at about $60,255,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Global X Uranium ETF by 16.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,196,698 shares of the company’s stock valued at $58,291,000 after purchasing an additional 172,288 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Global X Uranium ETF by 16.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 491,839 shares of the company’s stock valued at $23,446,000 after purchasing an additional 68,702 shares during the period.

Global X Uranium ETF Stock Performance

Shares of URA opened at $49.93 on Monday. Global X Uranium ETF has a 12-month low of $27.26 and a 12-month high of $62.28. The firm has a 50-day moving average price of $51.78 and a 200 day moving average price of $50.57. The firm has a market capitalization of $7.03 billion, a P/E ratio of 37.39 and a beta of 1.16.

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.