nuclearpowerplant.jpgThere has been tremendous interest in a nuclear/uranium focused ETF and now the wait is over.  Van Eck Global launched The Market Vectors Nuclear Energy ETF (NLR) on Wednesday and is trading on the Amex.  With opening liquidy around 80K shares already, it’s proving its popularity.  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 index will be comprised of uranium mining and exploration companies while nuclear plant builders will make up about 32% of the index.  Nuclear power is already a major source of power in European countries and is expected to be an increasingly important source of energy in the coming decades here in the US.  The stock is currently about 10% off its opening price of 38.25.