With uranium prices skyrocketing over the past few years there has been big interest in a nuclear/uranium focused ETF in order to invest in this industry in a  diversified way.  The wait is now over with the arrival of the Market Vectors Nuclear Energy ETF (NLR) which began trading on the Amex on Wednesday of last week (it is off nearly 10% from the opening price).  I first wrote about a way to play the spot price of uranium several months ago but until now there wasn’t a way to play a basket of uranium/nuclear companies across the mining and nuclear plant operators.  The ETF seeks to replicate the performance of the DAXGlobal Nuclear Energy Index, a basket  of 38 nuclear related stocks maintained by Deutsche Borse.  About half of the ETF will be comprised of uranium miners while roughly 32% will be made up of nuclear plant builders.  Here are the top 10 holdings of the fund:

Nuclear power is already a major source of energy in some European countries as well as Japan, Canada and South Korea and will be in increasingly so in the US.

from www.timeofchange.org

Uranium stocks have been getting hammered recently as the price of uranium corrects a bit, but at some point it will be time again to get into the nuclear space and make some profit.  That time may come soon and should start with the Market Vectors Nuclear Energy ETF (NLR). 

::: >>>> For more analysis on the nuclear/uranium ETF click here