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

Global X Uranium ETF (NYSEARCA:URA) was the recipient of some unusual options trading on Tuesday. Traders purchased 35,214 call options on the stock. This is an increase of 197% compared to the typical daily volume of 11,842 call options.

Global X Uranium ETF Trading Up 5.1%

NYSEARCA URA traded up $2.04 during trading on Tuesday, hitting $42.23. The company had a trading volume of 9,321,757 shares, compared to its average volume of 4,177,718. Global X Uranium ETF has a one year low of $37.18 and a one year high of $62.28. The company has a market cap of $5.90 billion, a price-to-earnings ratio of 37.39 and a beta of 1.27. The company’s fifty day moving average is $43.37 and its 200-day moving average is $46.51.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Heartwood Wealth Advisors LLC raised its position in shares of Global X Uranium ETF by 0.3% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 453,502 shares of the company’s stock worth $18,072,000 after purchasing an additional 1,484 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Global X Uranium ETF by 6.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 189,469 shares of the company’s stock worth $8,280,000 after acquiring an additional 10,957 shares in the last quarter. Innovative Advisory Group LLC purchased a new position in shares of Global X Uranium ETF during the 2nd quarter valued at $993,000. Core Capital Management & Research inc. bought a new position in shares of Global X Uranium ETF in the second quarter worth about $64,000. Finally, Archford Capital Strategies LLC grew its stake in Global X Uranium ETF by 6.1% during the second quarter. Archford Capital Strategies LLC now owns 10,124 shares of the company’s stock valued at $442,000 after acquiring an additional 578 shares in the last quarter.

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.