Gemmer Asset Management 13F: Exits URA Stake

Gemmer Asset Management sold out of its entire position in the Global X Uranium ETF (URA) on October 16, 2026. The firm cut 26,743 shares, leaving it with no holdings in the fund. This move indicates a complete exit from a position that had previously been part of its portfolio.

What Changed in Gemmer Asset Management's Global X Uranium ETF Position

Gemmer Asset Management's recent filing shows it has exited its position in the Global X Uranium ETF, cutting its stake by 100% to zero shares. The sale reflects a strategic shift, as the fund no longer has any investment in this ETF.

Other Institutional Activity in Global X Uranium ETF

There are no recent reports of other institutional funds making changes to their positions in the Global X Uranium ETF. This absence of activity might suggest a wait-and-see approach among other investors in this sector.

Global X Uranium ETF Stock Down 1.9%

As of October 16, 2026, the Global X Uranium ETF trades at approximately $35.42. This price is significantly below its 50-day moving average of $42.94 and its 200-day moving average of $47.85. The ETF also remains below its 52-week high of $62.28 by about 43.1%, while it is just above its 52-week low of $34.31 by 3.2%. This price action may signal caution among investors.

Recent Earnings

The Global X Uranium ETF has a P/E ratio of about 21.15. It has shown a consistent performance that includes a dividend yield of 5.21%.

Insider Buying and Selling at Global X Uranium ETF

This lack of activity may reflect a broader trend in the market or specific strategic decisions by insiders.

Analysts Set New Price Targets

As the market evolves, investors will be looking for updates from analysts to gauge future performance.

About Global X Uranium ETF

The Global X Uranium ETF primarily invests in companies involved in the uranium sector, focusing on firms that stand to benefit from the global demand for nuclear energy. By targeting at least 80% of its assets in the underlying index, the fund aims to provide exposure to this niche market. Gemmer Asset Management's exit may suggest a reevaluation of this sector's prospects.

Bottom Line

Looking ahead, the Global X Uranium ETF may draw interest from investors watching for future analyst insights and earnings reports. Since Gemmer Asset Management sold its entire position, the ETF's performance could prompt other funds to rethink their strategies. Keep an eye on market trends and further institutional filings for more insights into this evolving situation. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.