Stock Traders Buy Large Volume of Global X Uranium ETF Call Options (NYSEARCA:URA)

Global X Uranium ETF (NYSEARCA:URA) saw unusually large options trading on Friday. Stock traders acquired 58,453 call options on the stock. This is an increase of approximately 443% compared to the average daily volume of 10,773 call options.

Global X Uranium ETF Stock Performance

Shares of NYSEARCA URA opened at $28.10 on Friday. Global X Uranium ETF has a 1 year low of $22.78 and a 1 year high of $33.99. The firm’s 50 day moving average price is $30.74 and its 200 day moving average price is $28.83. The firm has a market cap of $2.99 billion, a P/E ratio of 22.45 and a beta of 1.08.

Institutional Investors Weigh In On Global X Uranium ETF

Several hedge funds have recently modified their holdings of URA. Strategic Investment Solutions Inc. IL acquired a new position in Global X Uranium ETF during the second quarter valued at approximately $37,000. Capital Performance Advisors LLP purchased a new stake in shares of Global X Uranium ETF in the third quarter worth about $67,000. Eastern Bank acquired a new stake in Global X Uranium ETF in the third quarter valued at approximately $79,000. Tidemark LLC grew its holdings in Global X Uranium ETF by 74.8% during the 3rd quarter. Tidemark LLC now owns 4,181 shares of the company’s stock valued at $120,000 after purchasing an additional 1,789 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of Global X Uranium ETF during the second quarter valued at about $124,000.

Global X Uranium ETF Company Profile

The Global X Uranium ETF (URA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies involved in uranium mining and the production of nuclear components. URA was launched on Nov 4, 2010 and is managed by Global X.