Global X Management Co LLC Trims Position in NexGen Energy Ltd (NXE)
Global X Management Co LLC lessened its stake in NexGen Energy Ltd (NYSEAMERICAN:NXE) by 20.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 16,019,843 shares of the company’s stock after selling 4,136,458 shares during the period. Global X Management Co LLC’s holdings in NexGen Energy were worth $29,593,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. CIBC Asset Management Inc lifted its stake in shares of NexGen Energy by 31.9% in the second quarter. CIBC Asset Management Inc now owns 159,059 shares of the company’s stock valued at $294,000 after buying an additional 38,485 shares during the period. Citadel Advisors LLC raised its position in NexGen Energy by 102.9% in the second quarter. Citadel Advisors LLC now owns 78,942 shares of the company’s stock worth $146,000 after purchasing an additional 40,042 shares in the last quarter. Dudley & Shanley Inc. raised its position in NexGen Energy by 8.1% in the second quarter. Dudley & Shanley Inc. now owns 837,500 shares of the company’s stock worth $1,547,000 after purchasing an additional 62,500 shares in the last quarter. Van ECK Associates Corp acquired a new position in NexGen Energy in the second quarter worth about $123,000. Finally, Jane Street Group LLC raised its position in NexGen Energy by 186.7% in the first quarter. Jane Street Group LLC now owns 173,519 shares of the company’s stock worth $295,000 after purchasing an additional 112,990 shares in the last quarter.
NYSEAMERICAN NXE opened at $2.08 on Tuesday. NexGen Energy Ltd has a 1-year low of $1.65 and a 1-year high of $2.85.
About NexGen Energy
NexGen Energy Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of uranium properties in Canada. Its principal property is the Rook I project that consists of 32 contiguous mineral claims covering 35,065 hectares located in the southwest Athabasca Basin, Saskatchewan.
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