Global X Uranium ETF (NYSEARCA:URA) Shares Gap Up to $26.10

Shares of Global X Uranium ETF (NYSEARCA:URA) gapped up before the market opened on Friday . The stock had previously closed at $26.10, but opened at $27.19. Global X Uranium ETF shares last traded at $27.10, with a volume of 1,141,533 shares traded.

Global X Uranium ETF Price Performance

The business has a fifty day moving average price of $26.12 and a 200 day moving average price of $28.62. The company has a market capitalization of $2.86 billion, a price-to-earnings ratio of 22.45 and a beta of 1.08.

Hedge Funds Weigh In On Global X Uranium ETF

Several large investors have recently bought and sold shares of the stock. Castle Hook Partners LP increased its holdings in shares of Global X Uranium ETF by 76.0% during the 1st quarter. Castle Hook Partners LP now owns 1,833,519 shares of the company’s stock worth $52,860,000 after purchasing an additional 791,818 shares during the period. LPL Financial LLC increased its stake in Global X Uranium ETF by 12.5% during the second quarter. LPL Financial LLC now owns 1,617,588 shares of the company’s stock valued at $46,829,000 after acquiring an additional 179,149 shares during the period. Stifel Financial Corp raised its holdings in Global X Uranium ETF by 9,342.9% in the 4th quarter. Stifel Financial Corp now owns 1,114,738 shares of the company’s stock valued at $30,867,000 after acquiring an additional 1,102,933 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its position in shares of Global X Uranium ETF by 6.9% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 870,236 shares of the company’s stock worth $25,193,000 after acquiring an additional 56,205 shares during the period. Finally, National Bank of Canada FI lifted its position in shares of Global X Uranium ETF by 8.3% in the 1st quarter. National Bank of Canada FI now owns 628,874 shares of the company’s stock worth $19,613,000 after acquiring an additional 47,964 shares during the period.

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.