Global X Uranium ETF Sees Unusually Large Options Volume (NYSEARCA:URA)

Global X Uranium ETF (NYSEARCA:URA) was the recipient of some unusual options trading on Monday. Investors purchased 32,913 put options on the company. This is an increase of 105% compared to the typical daily volume of 16,074 put options.

Global X Uranium ETF Stock Performance

Shares of NYSEARCA:URA opened at $29.47 on Tuesday. The business has a 50-day simple moving average of $28.91 and a two-hundred day simple moving average of $28.38. The firm has a market cap of $3.11 billion, a price-to-earnings ratio of 22.29 and a beta of 1.02. Global X Uranium ETF has a fifty-two week low of $18.92 and a fifty-two week high of $32.60.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its position in Global X Uranium ETF by 141.2% during the first quarter. JPMorgan Chase & Co. now owns 364,104 shares of the company’s stock valued at $9,525,000 after acquiring an additional 213,169 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Global X Uranium ETF by 5.0% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 40,512 shares of the company’s stock valued at $1,060,000 after acquiring an additional 1,912 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Global X Uranium ETF by 76.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 37,907 shares of the company’s stock valued at $992,000 after buying an additional 16,385 shares in the last quarter. Private Advisor Group LLC bought a new position in shares of Global X Uranium ETF in the first quarter worth about $605,000. Finally, PNC Financial Services Group Inc. grew its position in shares of Global X Uranium ETF by 120.0% during the first quarter. PNC Financial Services Group Inc. now owns 1,100 shares of the company’s stock worth $29,000 after purchasing an additional 600 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.