Global X Management Co. LLC raised its position in shares of Nexgen Energy Ltd. (NYSEAMERICAN:NXE) by 23.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,543,925 shares of the company’s stock after buying an additional 3,673,532 shares during the quarter. Nexgen Energy comprises 1.1% of Global X Management Co. LLC’s portfolio, making the stock its 15th biggest holding. Global X Management Co. LLC owned approximately 5.77% of Nexgen Energy worth $50,071,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Picton Mahoney Asset Management purchased a new position in shares of Nexgen Energy in the 4th quarter worth approximately $3,012,000. Bank of Montreal Can boosted its holdings in shares of Nexgen Energy by 25.4% in the 4th quarter. Bank of Montreal Can now owns 455,607 shares of the company’s stock worth $1,166,000 after purchasing an additional 92,346 shares during the period. Commerzbank Aktiengesellschaft FI boosted its holdings in shares of Nexgen Energy by 14.1% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 746,200 shares of the company’s stock worth $1,910,000 after purchasing an additional 92,000 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Nexgen Energy by 27.3% in the 4th quarter. The Manufacturers Life Insurance Company now owns 389,643 shares of the company’s stock worth $997,000 after purchasing an additional 83,653 shares during the period.
Nexgen Energy Ltd. (NYSEAMERICAN NXE) opened at $2.21 on Wednesday. The company has a market capitalization of $709.40, a P/E ratio of 217.00 and a beta of 2.30. Nexgen Energy Ltd. has a 1-year low of $1.82 and a 1-year high of $3.40.
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Nexgen Energy Company Profile
Nuveen Arizona Dividend Advantage Municipal Fund 3 (the Fund) is a closed-ended fund. The Fund seeks to provide monthly tax-free income, portfolio diversification and after tax total returns. The fund’s investment objectives are to provide current income exempt from regular federal and Arizona income tax and to enhance portfolio value.
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