Discovery Capital Management LLC CT Sells 100,000 Shares of Global X Uranium ETF (NYSEARCA:URA)

Discovery Capital Management LLC CT reduced its stake in shares of Global X Uranium ETF (NYSEARCA:URA) by 29.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 242,200 shares of the company’s stock after selling 100,000 shares during the quarter. Discovery Capital Management LLC CT owned about 0.23% of Global X Uranium ETF worth $6,486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of URA. JPMorgan Chase & Co. increased 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 acquiring an additional 4,512,560 shares during the last quarter. LPL Financial LLC increased its position in 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. Stifel Financial Corp increased its position in Global X Uranium ETF by 8.3% in the third quarter. Stifel Financial Corp now owns 1,343,477 shares of the company’s stock worth $38,437,000 after purchasing an additional 103,409 shares during the last quarter. Benjamin Edwards Inc. raised its stake in Global X Uranium ETF by 2,106.1% during the third quarter. Benjamin Edwards Inc. now owns 968,228 shares of the company’s stock valued at $27,700,000 after purchasing an additional 924,340 shares in the last quarter. Finally, GenTrust LLC grew its stake in shares of Global X Uranium ETF by 24.8% in the 4th quarter. GenTrust LLC now owns 800,465 shares of the company’s stock worth $22,029,000 after buying an additional 159,307 shares in the last quarter.

Global X Uranium ETF Stock Down 0.8 %

Global X Uranium ETF stock opened at $22.92 on Tuesday. The company has a market cap of $2.68 billion, a PE ratio of 18.50 and a beta of 1.04. Global X Uranium ETF has a twelve month low of $22.47 and a twelve month high of $33.99. The company’s 50-day moving average price is $26.37 and its 200-day moving average price is $28.54.

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.