Global X Uranium ETF (NYSEARCA:URA) Hits New 12-Month Low – Should You Sell?

Shares of Global X Uranium ETF (NYSEARCA:URA) reached a new 52-week low during mid-day trading on Thursday. The company traded as low as $31.34 and last traded at $31.2120, with a volume of 1,749,915 shares changing hands. The stock had previously closed at $32.70.

Global X Uranium ETF Stock Performance

The company has a market capitalization of $4.33 billion, a PE ratio of 37.39 and a beta of 1.28. The business has a fifty day moving average price of $40.01 and a 200 day moving average price of $46.78.

Institutional Trading of Global X Uranium ETF

A number of institutional investors and hedge funds have recently bought and sold shares of URA. Group One Trading LLC lifted its position in Global X Uranium ETF by 226.7% during the first quarter. Group One Trading LLC now owns 1,751,918 shares of the company’s stock valued at $84,845,000 after buying an additional 1,215,634 shares in the last quarter. Bank of America Corp DE increased its position in shares of Global X Uranium ETF by 17.3% in the first quarter. Bank of America Corp DE now owns 6,432,719 shares of the company’s stock worth $311,537,000 after acquiring an additional 947,320 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Global X Uranium ETF in the third quarter worth $17,697,000. Kapitalo Investimentos Ltda acquired a new stake in shares of Global X Uranium ETF in the third quarter worth $13,485,000. Finally, Mason & Associates Inc purchased a new position in shares of Global X Uranium ETF in the 1st quarter valued at $10,981,000.

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.