Truist Financial Corp Acquires New Holdings in Global X Uranium ETF (NYSEARCA:URA)

Truist Financial Corp bought a new position in shares of Global X Uranium ETF (NYSEARCA:URA) in the second quarter, HoldingsChannel reports. The firm bought 8,719 shares of the company’s stock, valued at approximately $252,000.

Several other hedge funds have also recently bought and sold shares of the stock. Castle Hook Partners LP raised its stake in shares of Global X Uranium ETF by 76.0% in the 1st quarter. Castle Hook Partners LP now owns 1,833,519 shares of the company’s stock valued at $52,860,000 after purchasing an additional 791,818 shares during the period. Lloyd Harbor Capital Management LLC bought a new stake in Global X Uranium ETF in the 2nd quarter valued at approximately $14,096,000. Lee Johnson Capital Management LLC acquired a new position in Global X Uranium ETF during the 2nd quarter worth approximately $10,729,000. Eagle Strategies LLC grew its stake in shares of Global X Uranium ETF by 2,353.5% during the 2nd quarter. Eagle Strategies LLC now owns 252,714 shares of the company’s stock worth $7,316,000 after acquiring an additional 242,414 shares in the last quarter. Finally, Discovery Capital Management LLC CT acquired a new stake in shares of Global X Uranium ETF in the second quarter valued at approximately $6,285,000.

Global X Uranium ETF Stock Up 2.1 %

Shares of URA stock opened at $33.46 on Friday. Global X Uranium ETF has a 12 month low of $22.78 and a 12 month high of $33.75. The company’s fifty day simple moving average is $27.21 and its 200-day simple moving average is $28.82. The firm has a market cap of $3.57 billion, a PE ratio of 22.45 and a beta of 1.08.

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.