McHugh Group LLC Buys New Position in Global X Uranium ETF $URA

McHugh Group LLC purchased a new position in shares of Global X Uranium ETF (NYSEARCA:URA) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 35,450 shares of the company’s stock, valued at approximately $1,690,000. Global X Uranium ETF comprises about 1.0% of McHugh Group LLC’s portfolio, making the stock its 21st biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in URA. Reyes Financial Architecture Inc. acquired a new position in Global X Uranium ETF during the second quarter worth $25,000. Qube Research & Technologies Ltd bought a new stake in Global X Uranium ETF during the 2nd quarter worth about $25,000. Atlantic Union Bankshares Corp bought a new stake in Global X Uranium ETF during the 2nd quarter worth about $34,000. Banque Transatlantique SA acquired a new position in shares of Global X Uranium ETF during the 1st quarter worth about $35,000. Finally, MAI Capital Management bought a new position in shares of Global X Uranium ETF in the 1st quarter valued at about $37,000.

Global X Uranium ETF Stock Performance

NYSEARCA:URA opened at $45.89 on Friday. Global X Uranium ETF has a 52-week low of $19.50 and a 52-week high of $60.51. The company has a market cap of $4.93 billion, a P/E ratio of 37.39 and a beta of 1.10. The stock’s 50-day simple moving average is $48.40 and its 200 day simple moving average is $43.55.

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.