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 activity on Tuesday. Stock traders acquired 35,214 call options on the company. This represents an increase of 197% compared to the typical daily volume of 11,842 call options.

Global X Uranium ETF Stock Down 4.5%

Global X Uranium ETF stock opened at $39.93 on Thursday. Global X Uranium ETF has a twelve month low of $37.18 and a twelve month high of $62.28. The firm has a 50 day moving average price of $43.47 and a 200-day moving average price of $46.40. The company has a market capitalization of $5.58 billion, a P/E ratio of 37.39 and a beta of 1.27.

Hedge Funds Weigh In On Global X Uranium ETF

Several institutional investors and hedge funds have recently bought and sold shares of URA. Bank of America Corp DE increased its position in Global X Uranium ETF by 17.3% in the first quarter. Bank of America Corp DE now owns 6,432,719 shares of the company’s stock worth $311,537,000 after buying an additional 947,320 shares during the last quarter. Group One Trading LLC lifted its position in shares of Global X Uranium ETF by 226.7% during the 1st quarter. Group One Trading LLC now owns 1,751,918 shares of the company’s stock valued at $84,845,000 after buying an additional 1,215,634 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Global X Uranium ETF by 3.8% during the 1st quarter. Royal Bank of Canada now owns 961,461 shares of the company’s stock valued at $46,564,000 after buying an additional 34,912 shares during the last quarter. Heartwood Wealth Advisors LLC grew its stake in shares of Global X Uranium ETF by 0.3% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 453,502 shares of the company’s stock worth $18,072,000 after acquiring an additional 1,484 shares during the period. Finally, TD Waterhouse Canada Inc. grew its stake in shares of Global X Uranium ETF by 2.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 379,820 shares of the company’s stock worth $16,387,000 after acquiring an additional 8,087 shares during the period.

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.