Global X Uranium ETF Target of Unusually Large Options Trading (NYSEARCA:URA)

Global X Uranium ETF (NYSEARCA:URA) was the target of unusually large options trading on Friday. Stock investors purchased 58,453 call options on the company. This represents an increase of approximately 443% compared to the typical volume of 10,773 call options.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. increased its holdings in Global X Uranium ETF by 50.9% in the third quarter. JPMorgan Chase & Co. now owns 13,385,864 shares of the company’s stock valued at $382,970,000 after buying an additional 4,512,560 shares during the last quarter. Tidal Investments LLC acquired a new position in Global X Uranium ETF in the third quarter worth $214,000. Wilmington Savings Fund Society FSB bought a new stake in Global X Uranium ETF during the third quarter valued at $606,000. Sanctuary Advisors LLC lifted its position in shares of Global X Uranium ETF by 231.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 80,391 shares of the company’s stock worth $2,300,000 after buying an additional 56,136 shares during the last quarter. Finally, Pine Valley Investments Ltd Liability Co grew its position in shares of Global X Uranium ETF by 20.2% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 47,999 shares of the company’s stock valued at $1,373,000 after buying an additional 8,070 shares during the last quarter.

Global X Uranium ETF Price Performance

Global X Uranium ETF stock traded up $0.01 during midday trading on Friday, hitting $28.10. 3,352,534 shares of the company were exchanged, compared to its average volume of 3,035,592. Global X Uranium ETF has a fifty-two week low of $22.78 and a fifty-two week high of $33.99. The company’s fifty day moving average price is $30.85 and its 200-day moving average price is $28.85. The company has a market cap of $2.99 billion, a PE ratio of 22.45 and a beta of 1.08.

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.