Riggs Asset Managment Co. Inc. Increases Stock Holdings in Global X Uranium ETF $URA

Riggs Asset Managment Co. Inc. lifted its position in shares of Global X Uranium ETF (NYSEARCA:URA) by 631.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 86,180 shares of the company’s stock after acquiring an additional 74,398 shares during the period. Riggs Asset Managment Co. Inc.’s holdings in Global X Uranium ETF were worth $4,108,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Qube Research & Technologies Ltd acquired a new stake in Global X Uranium ETF in the 2nd quarter valued at about $25,000. MassMutual Private Wealth & Trust FSB acquired a new position in Global X Uranium ETF during the third quarter worth about $32,000. Atlantic Union Bankshares Corp acquired a new position in Global X Uranium ETF during the second quarter worth about $34,000. LFA Lugano Financial Advisors SA lifted its holdings in shares of Global X Uranium ETF by 64.4% in the third quarter. LFA Lugano Financial Advisors SA now owns 715 shares of the company’s stock valued at $34,000 after purchasing an additional 280 shares in the last quarter. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Global X Uranium ETF in the third quarter valued at approximately $35,000.

Global X Uranium ETF Price Performance

URA stock opened at $48.78 on Friday. The company’s 50 day simple moving average is $52.47 and its 200-day simple moving average is $48.82. Global X Uranium ETF has a 12 month low of $19.50 and a 12 month high of $62.28. The firm has a market capitalization of $6.74 billion, a PE ratio of 37.39 and a beta of 1.10.

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.