Spartan Fund Management Inc. Acquires New Position in Global X Uranium ETF (NYSEARCA:URA)

Spartan Fund Management Inc. bought a new position in shares of Global X Uranium ETF (NYSEARCA:URA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,000 shares of the company’s stock, valued at approximately $134,000.

Several other large investors have also added to or reduced their stakes in URA. JPMorgan Chase & Co. lifted its stake in Global X Uranium ETF by 50.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,385,864 shares of the company’s stock worth $382,970,000 after purchasing an additional 4,512,560 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Global X Uranium ETF by 56.5% in the fourth quarter. LPL Financial LLC now owns 2,109,269 shares of the company’s stock worth $56,486,000 after purchasing an additional 761,345 shares during the last quarter. Invesco Ltd. lifted its position in shares of Global X Uranium ETF by 1.3% in the fourth quarter. Invesco Ltd. now owns 2,028,508 shares of the company’s stock worth $54,323,000 after buying an additional 26,408 shares in the last quarter. Wells Fargo & Company MN grew its holdings in Global X Uranium ETF by 81.8% during the 4th quarter. Wells Fargo & Company MN now owns 1,728,901 shares of the company’s stock valued at $46,300,000 after buying an additional 777,767 shares in the last quarter. Finally, Marshall Wace LLP increased its stake in Global X Uranium ETF by 356.1% in the 4th quarter. Marshall Wace LLP now owns 1,290,871 shares of the company’s stock worth $34,570,000 after acquiring an additional 1,007,853 shares during the last quarter.

Global X Uranium ETF Stock Performance

NYSEARCA URA opened at $22.66 on Wednesday. The stock has a 50 day moving average price of $23.93 and a 200-day moving average price of $27.81. Global X Uranium ETF has a one year low of $19.50 and a one year high of $33.99. The company has a market capitalization of $2.54 billion, a P/E ratio of 17.80 and a beta of 1.07.

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.