Elevate Capital Advisors LLC Takes Position in Global X Uranium ETF (NYSEARCA:URA)

Elevate Capital Advisors LLC bought a new stake in Global X Uranium ETF (NYSEARCA:URA) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 66,350 shares of the company’s stock, valued at approximately $1,777,000. Global X Uranium ETF accounts for about 1.6% of Elevate Capital Advisors LLC’s investment portfolio, making the stock its 22nd biggest position. Elevate Capital Advisors LLC owned approximately 0.06% of Global X Uranium ETF at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in URA. Laurel Wealth Advisors LLC acquired a new stake in shares of Global X Uranium ETF in the fourth quarter valued at approximately $27,000. Harbor Investment Advisory LLC increased its stake in Global X Uranium ETF by 106.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 1,550 shares of the company’s stock valued at $42,000 after purchasing an additional 800 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of Global X Uranium ETF in the third quarter valued at about $67,000. Eastern Bank acquired a new stake in shares of Global X Uranium ETF during the third quarter worth about $79,000. Finally, Tidemark LLC grew its holdings in shares of Global X Uranium ETF by 74.8% during the third quarter. Tidemark LLC now owns 4,181 shares of the company’s stock worth $120,000 after buying an additional 1,789 shares during the last quarter.

Global X Uranium ETF Stock Up 2.6 %

URA opened at $29.10 on Monday. Global X Uranium ETF has a 52 week low of $22.78 and a 52 week high of $33.99. The business has a 50 day moving average price of $28.80 and a two-hundred day moving average price of $28.55. The company has a market cap of $3.10 billion, a PE ratio of 22.45 and a beta of 1.08.

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.