Koa Wealth Management LLC Acquires 58,063 Shares of Global X Uranium ETF (NYSEARCA:URA)

Koa Wealth Management LLC increased its stake in Global X Uranium ETF (NYSEARCA:URA) by 509.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 69,468 shares of the company’s stock after buying an additional 58,063 shares during the quarter. Global X Uranium ETF makes up about 1.5% of Koa Wealth Management LLC’s portfolio, making the stock its 23rd largest position. Koa Wealth Management LLC’s holdings in Global X Uranium ETF were worth $1,987,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Castle Hook Partners LP grew its holdings in shares of Global X Uranium ETF by 76.0% during the first 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 in the last quarter. LPL Financial LLC increased its stake in shares of Global X Uranium ETF by 12.5% in the second quarter. LPL Financial LLC now owns 1,617,588 shares of the company’s stock worth $46,829,000 after buying an additional 179,149 shares during the period. Benjamin F. Edwards & Company Inc. raised its position 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 valued at $25,193,000 after purchasing an additional 56,205 shares during the last quarter. National Bank of Canada FI lifted its stake 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 worth $19,613,000 after acquiring an additional 47,964 shares during the period. Finally, Heartwood Wealth Advisors LLC boosted its stake in shares of Global X Uranium ETF by 1.4% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 580,970 shares of the company’s stock valued at $16,622,000 after purchasing an additional 7,871 shares in the last quarter.

Global X Uranium ETF Stock Performance

Shares of NYSEARCA:URA opened at $30.28 on Friday. The stock has a 50 day moving average price of $29.50 and a 200-day moving average price of $29.02. The firm has a market capitalization of $3.23 billion, a P/E 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 $33.99.

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.