The Global X Uranium ETF Was Today’s Biggest ETF Percentage Gainer

The Global X Uranium ETF continues to surge by 3.17% Friday.

http://etfdailynews.com/2017/01/13/...etf-was-todays-biggest-etf-percentage-gainer/


  

January 13, 2017 5:13pm NYSE:URA
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The Global X Uranium ETF (URA) outperformed all other non-leveraged, non-inverse exchange traded products in the U.S. today on a percentage basis, producing a +3.17% one-day return and outperforming the wider markets by a total of 2.94 percentage points.
Behind The Gains

URA closed today at $16.94 per share, up $0.52 (+3.17%). Putting this move in context, the S&P 500 index — largely considered the most popular and useful benchmark for equity performance — closed up just $0.52 (+0.23%) on the day.
URA’s trading volume today was a total of 829,060 shares, which was an increase of 17% versus its average daily trading volume of 711,118. Rising trading volume generally an indicator of increased demand for a particular security, and is typically associated with a specific news event or trend that draws investors into or out of specific asset classes, or sectors or subsectors within those classes.
Including any dividends as well as today’s gains, URA has now returned a total of 31.62% year-to-date, versus a 1.57% gain in the S&P 500 during the same timeframe.
A Look Under The Hood

Global X Uranium ETF is an Equity-focused product issued by Global X Management. Its expense ratio of 0.70% makes it the #46 cheapest ETF among 121 total funds in the Commodity ETFs category.
URA currently boasts $125.99M in assets under management (AUM), placing it #34 of 121 ETFs in its category, and #807 of 1917 total ETFs in the U.S. exchange traded universe.
The investment objective of the Global X Uranium ETF is to provide investment results that correspond generally to the price and yield performance of the Solactive Global Uranium Total Return Index.
URA SMART Grade

URA currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #19 of 123 funds in the Commodity ETFs category.