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

Global X Uranium ETF (NYSEARCA:URA) saw some unusual options trading activity on Friday. Stock investors purchased 34,428 call options on the company. This is an increase of 200% compared to the average volume of 11,487 call options.

Institutional Trading of Global X Uranium ETF

A number of hedge funds have recently modified their holdings of the stock. Ascentis Independent Advisors bought a new position in Global X Uranium ETF in the 1st quarter valued at about $25,000. Hazlett Burt & Watson Inc. bought a new stake in shares of Global X Uranium ETF during the fourth quarter worth approximately $27,000. Qube Research & Technologies Ltd acquired a new position in Global X Uranium ETF in the 2nd quarter valued at $25,000. EverSource Wealth Advisors LLC grew its stake in shares of Global X Uranium ETF by 612.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 712 shares of the company’s stock valued at $30,000 after acquiring an additional 612 shares in the last quarter. Finally, Highland Investment Advisors LLC bought a new position in shares of Global X Uranium ETF during the second quarter worth approximately $34,000.

Global X Uranium ETF Price Performance

Global X Uranium ETF stock traded up $0.25 during mid-day trading on Friday, hitting $45.95. 1,499,975 shares of the company’s stock traded hands, compared to its average volume of 4,310,781. The firm has a 50 day simple moving average of $42.99 and a two-hundred day simple moving average of $48.04. Global X Uranium ETF has a fifty-two week low of $37.18 and a fifty-two week high of $62.28. The stock has a market cap of $6.37 billion, a price-to-earnings ratio of 37.39 and a beta of 1.17.

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.