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

Global X Uranium ETF (NYSEARCA:URA) saw some unusual options trading on Monday. Stock investors purchased 111,611 call options on the stock. This represents an increase of approximately 475% compared to the typical daily volume of 19,402 call options.

Global X Uranium ETF Price Performance

Shares of URA stock traded down $0.14 on Monday, hitting $45.74. 2,725,828 shares of the company’s stock were exchanged, compared to its average volume of 4,024,693. The company has a 50 day moving average of $47.44 and a 200 day moving average of $44.12. The stock has a market cap of $4.91 billion, a P/E ratio of 37.39 and a beta of 1.10. Global X Uranium ETF has a 12 month low of $19.50 and a 12 month high of $60.51.

Institutional Investors Weigh In On Global X Uranium ETF

Several hedge funds and other institutional investors have recently made changes to their positions in URA. Reyes Financial Architecture Inc. acquired a new stake in Global X Uranium ETF in the second quarter valued at approximately $25,000. Qube Research & Technologies Ltd acquired a new stake in shares of Global X Uranium ETF during the 2nd quarter valued at $25,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Global X Uranium ETF during the 3rd quarter valued at $32,000. Atlantic Union Bankshares Corp bought a new stake in Global X Uranium ETF during the 2nd quarter worth $34,000. Finally, LFA Lugano Financial Advisors SA increased its holdings in Global X Uranium ETF by 64.4% in the 3rd quarter. LFA Lugano Financial Advisors SA now owns 715 shares of the company’s stock worth $34,000 after purchasing an additional 280 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.