Northwestern Mutual Wealth Management Co. Increases Position in Global X Uranium ETF (NYSEARCA:URA)

Northwestern Mutual Wealth Management Co. lifted its position in shares of Global X Uranium ETF (NYSEARCA:URA) by 85.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,775 shares of the company’s stock after purchasing an additional 7,265 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Global X Uranium ETF were worth $457,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Castle Hook Partners LP increased its stake in Global X Uranium ETF by 76.0% in the first quarter. Castle Hook Partners LP now owns 1,833,519 shares of the company’s stock valued at $52,860,000 after purchasing an additional 791,818 shares during the last quarter. LPL Financial LLC grew its position in shares of Global X Uranium ETF by 12.5% in the 2nd quarter. LPL Financial LLC now owns 1,617,588 shares of the company’s stock valued at $46,829,000 after buying an additional 179,149 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in Global X Uranium ETF by 6.9% during 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 in the last quarter. National Bank of Canada FI lifted its position in Global X Uranium ETF by 8.3% in the first quarter. National Bank of Canada FI now owns 628,874 shares of the company’s stock valued at $19,613,000 after acquiring an additional 47,964 shares during the last quarter. Finally, GenTrust LLC boosted its stake in Global X Uranium ETF by 0.7% in the first quarter. GenTrust LLC now owns 581,385 shares of the company’s stock valued at $16,761,000 after acquiring an additional 3,993 shares in the last quarter.

Global X Uranium ETF Stock Up 0.5 %

NYSEARCA:URA opened at $29.99 on Wednesday. The company has a market capitalization of $3.20 billion, a PE ratio of 22.45 and a beta of 1.08. Global X Uranium ETF has a 52-week low of $22.78 and a 52-week high of $33.66. The stock’s 50 day moving average price is $26.21 and its 200 day moving average price is $28.71.

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.