Absolute Gestao de Investimentos Ltda. Invests $579,000 in Global X Uranium ETF (NYSEARCA:URA)

Absolute Gestao de Investimentos Ltda. purchased a new position in Global X Uranium ETF (NYSEARCA:URA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,000 shares of the company’s stock, valued at approximately $579,000. Global X Uranium ETF makes up about 0.3% of Absolute Gestao de Investimentos Ltda.’s holdings, making the stock its 20th largest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Insigneo Advisory Services LLC purchased a new position in Global X Uranium ETF during the second quarter worth approximately $505,000. Bank of Montreal Can raised its holdings in shares of Global X Uranium ETF by 23.8% during the 2nd quarter. Bank of Montreal Can now owns 147,432 shares of the company’s stock worth $4,268,000 after acquiring an additional 28,341 shares during the period. Discovery Capital Management LLC CT acquired a new position in shares of Global X Uranium ETF during the 2nd quarter valued at about $6,285,000. Fidelis Capital Partners LLC grew its holdings in shares of Global X Uranium ETF by 69.3% in the second quarter. Fidelis Capital Partners LLC now owns 17,579 shares of the company’s stock valued at $509,000 after purchasing an additional 7,196 shares during the period. Finally, Benjamin Edwards Inc. increased its position in Global X Uranium ETF by 5.7% during the second quarter. Benjamin Edwards Inc. now owns 43,888 shares of the company’s stock worth $1,271,000 after purchasing an additional 2,376 shares during the last quarter.

Global X Uranium ETF Price Performance

Shares of URA stock opened at $28.83 on Wednesday. The firm’s 50-day moving average is $25.95 and its two-hundred day moving average is $28.62. Global X Uranium ETF has a 12 month low of $22.78 and a 12 month high of $33.66. The company has a market capitalization of $3.07 billion, a PE ratio of 22.45 and a beta of 1.08.

Global X Uranium ETF Company 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.