URA: New Entrant In Physical Uranium May Spark Virtuous Price Rally

HT Ganzo It has been a few months since I last wrote about the Global X Uranium ETF (NYSEARCA: URA ) and nuclear energy in general. So I thought it would be timely to update my thoughts on the sector and provide an update on any relevant industry news that may have investment implications. Brief Fund Overview

Before diving into the update, it may be a good idea to provide a brief overview of the URA ETF for those new to the story. The URA ETF tracks the Solactive Global Uranium & Nuclear Components Total Return Index ("Index"), an index focused on the extraction, refining, exploration and manufacturing of equipment for the uranium and nuclear industries. The URA ETF is one of the largest uranium-focused investment vehicles with $1.5 billion in AUM and charges a 0.69% expense ratio.

The URA ETF is a fairly concentrated fund, with the top 10 […]

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