Meridian Wealth Management LLC Decreases Stake in Global X Uranium ETF $URA

Meridian Wealth Management LLC lowered its position in shares of Global X Uranium ETF (NYSEARCA:URA) by 89.2% in the fourth quarter, Holdings Channel reports. The firm owned 4,711 shares of the company’s stock after selling 38,915 shares during the period. Meridian Wealth Management LLC’s holdings in Global X Uranium ETF were worth $201,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of URA. Qube Research & Technologies Ltd purchased a new stake in shares of Global X Uranium ETF during the 2nd quarter worth about $25,000. LFA Lugano Financial Advisors SA grew its holdings in shares of Global X Uranium ETF by 64.4% during the 3rd quarter. LFA Lugano Financial Advisors SA now owns 715 shares of the company’s stock worth $34,000 after purchasing an additional 280 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new position in Global X Uranium ETF in the 3rd quarter worth approximately $35,000. WealthShield Partners LLC boosted its holdings in Global X Uranium ETF by 173.9% in the 4th quarter. WealthShield Partners LLC now owns 912 shares of the company’s stock worth $39,000 after acquiring an additional 579 shares during the period. Finally, Legacy Wealth Managment LLC ID purchased a new position in Global X Uranium ETF in the 4th quarter worth approximately $39,000.

Global X Uranium ETF Stock Down 4.9%

NYSEARCA URA opened at $49.93 on Friday. The stock has a market cap of $7.03 billion, a PE ratio of 37.39 and a beta of 1.16. Global X Uranium ETF has a fifty-two week low of $27.26 and a fifty-two week high of $62.28. The business has a 50 day moving average price of $51.78 and a two-hundred day moving average price of $50.57.

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.