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

Global X Uranium ETF (NYSEARCA:URA) shares saw strong trading volume on Thursday . 789,197 shares changed hands during trading, a decline of 49% from the previous session’s volume of 1,542,581 shares.The stock last traded at $26.52 and had previously closed at $25.66.

Global X Uranium ETF Stock Performance

The stock’s 50 day simple moving average is $22.79 and its 200-day simple moving average is $21.19. The firm has a market cap of $1.88 billion, a price-to-earnings ratio of 11.50 and a beta of 1.09.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its position in shares of Global X Uranium ETF by 141.2% in the first quarter. JPMorgan Chase & Co. now owns 364,104 shares of the company’s stock valued at $9,525,000 after buying an additional 213,169 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of Global X Uranium ETF by 5.0% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 40,512 shares of the company’s stock worth $1,060,000 after purchasing an additional 1,912 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of Global X Uranium ETF by 76.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 37,907 shares of the company’s stock worth $992,000 after purchasing an additional 16,385 shares during the last quarter. Private Advisor Group LLC purchased a new stake in Global X Uranium ETF during the 1st quarter worth approximately $605,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of Global X Uranium ETF by 120.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,100 shares of the company’s stock valued at $29,000 after acquiring an additional 600 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.