GREY:UEXCF - Post by User
Post by
mangoeon Jul 26, 2020 2:29pm
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Post# 31320994
John Quakes on Uranium
John Quakes on Uranium ICYDK.. 2 years ago Global X #Uranium ETF changed its focus from 100% Pure-Play Uranium #stocks to 50% with 50% in #Nuclear component makers & generic miners. That led to sell-off of over US$320M worth of #U3O8 stocks, driving down U sector. Now they are reversing course Yee-Haw! Global X ETF $URA has had a change of heart! Its Index provider Solactive is conducting Market Consultation on its Global #Uranium & #Nuclear Components Total Return Index to increase Pure-Play #U3O8 #stocks weighting from 50% to 70%. https://solactive.com/wp-content/uploads/2020/07/Market_Consultation_Solactive_SOLURANT_2020-07-22.pdf