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

Global X Uranium ETF (NYSEARCA:URA) was the recipient of some unusual options trading activity on Friday. Stock traders bought 28,123 call options on the stock. This is an increase of approximately 168% compared to the average daily volume of 10,487 call options.

Global X Uranium ETF Trading Up 11.6%

Global X Uranium ETF stock opened at $31.83 on Friday. Global X Uranium ETF has a 12-month low of $19.50 and a 12-month high of $33.99. The firm has a market capitalization of $3.34 billion, a price-to-earnings ratio of 20.46 and a beta of 0.97. The firm has a 50 day moving average of $24.66 and a 200 day moving average of $27.13.

Institutional Trading of Global X Uranium ETF

A number of institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in Global X Uranium ETF by 50.9% in the third quarter. JPMorgan Chase & Co. now owns 13,385,864 shares of the company’s stock valued at $382,970,000 after purchasing an additional 4,512,560 shares during the last quarter. Phoenix Financial Ltd. purchased a new stake in Global X Uranium ETF in the 1st quarter worth approximately $40,973,000. Marshall Wace LLP boosted its position in Global X Uranium ETF by 356.1% during the fourth quarter. Marshall Wace LLP now owns 1,290,871 shares of the company’s stock worth $34,570,000 after purchasing an additional 1,007,853 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Global X Uranium ETF by 81.8% during the 4th quarter. Wells Fargo & Company MN now owns 1,728,901 shares of the company’s stock worth $46,300,000 after buying an additional 777,767 shares during the period. Finally, LPL Financial LLC raised its stake in shares of Global X Uranium ETF by 56.5% during the 4th quarter. LPL Financial LLC now owns 2,109,269 shares of the company’s stock worth $56,486,000 after buying an additional 761,345 shares during the period.

About Global X Uranium ETF

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.