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 Monday. Stock investors bought 22,630 call options on the company. This represents an increase of 78% compared to the typical daily volume of 12,732 call options.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of URA. Phoenix Financial Ltd. bought a new position in Global X Uranium ETF in the 4th quarter valued at $90,486,000. Clal Insurance Enterprises Holdings Ltd bought a new position in Global X Uranium ETF in the 3rd quarter valued at $60,255,000. Group One Trading LLC grew its stake in Global X Uranium ETF by 226.7% in the 1st quarter. Group One Trading LLC now owns 1,751,918 shares of the company’s stock valued at $84,845,000 after purchasing an additional 1,215,634 shares during the period. Morgan Stanley grew its stake in Global X Uranium ETF by 38.4% in the 4th quarter. Morgan Stanley now owns 3,550,762 shares of the company’s stock valued at $151,724,000 after purchasing an additional 985,807 shares during the period. Finally, Bank of America Corp DE grew its stake in Global X Uranium ETF by 17.3% in the 1st quarter. Bank of America Corp DE now owns 6,432,719 shares of the company’s stock valued at $311,537,000 after purchasing an additional 947,320 shares during the period.

Global X Uranium ETF Stock Performance

NYSEARCA:URA traded up $2.62 during trading on Monday, reaching $48.14. The company’s stock had a trading volume of 4,405,642 shares, compared to its average volume of 4,902,609. The firm has a market cap of $6.77 billion, a price-to-earnings ratio of 37.39 and a beta of 1.10. The firm has a 50 day moving average of $51.51 and a 200-day moving average of $50.59. Global X Uranium ETF has a 12 month low of $35.64 and a 12 month high of $62.28.

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.