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

Global X Uranium ETF (NYSEARCA:URA) saw unusually large options trading activity on Monday. Traders purchased 111,611 call options on the company. This is an increase of 475% compared to the average daily volume of 19,402 call options.

Hedge Funds Weigh In On Global X Uranium ETF

Institutional investors have recently modified their holdings of the company. Reyes Financial Architecture Inc. bought a new stake in Global X Uranium ETF in the 2nd quarter worth approximately $25,000. Qube Research & Technologies Ltd purchased a new position in shares of Global X Uranium ETF during the second quarter worth approximately $25,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of Global X Uranium ETF during the third quarter worth approximately $32,000. Atlantic Union Bankshares Corp bought a new stake in shares of Global X Uranium ETF in the 2nd quarter worth approximately $34,000. Finally, LFA Lugano Financial Advisors SA lifted its holdings in shares of 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 acquiring an additional 280 shares during the last quarter.

Global X Uranium ETF Stock Down 0.3%

URA opened at $45.74 on Tuesday. The stock has a market cap of $4.91 billion, a PE ratio of 37.39 and a beta of 1.10. Global X Uranium ETF has a 52 week low of $19.50 and a 52 week high of $60.51. The business’s fifty day simple moving average is $47.29 and its 200 day simple moving average is $44.19.

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.