Stock Traders Buy Large Volume of Call Options on Global X Uranium ETF (NYSEARCA:URA)

Global X Uranium ETF (NYSEARCA:URA) was the target of unusually large options trading on Monday. Stock traders acquired 21,473 call options on the company. This represents an increase of approximately 110% compared to the typical daily volume of 10,204 call options.

Global X Uranium ETF Trading Up 5.4%

Shares of NYSEARCA:URA opened at $38.07 on Tuesday. Global X Uranium ETF has a 12-month low of $19.50 and a 12-month high of $39.30. The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 20.46 and a beta of 1.05. The stock’s 50-day moving average price is $28.09 and its two-hundred day moving average price is $27.33.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. LPL Financial LLC increased its holdings 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 valued at $56,486,000 after acquiring an additional 761,345 shares during the last quarter. Invesco Ltd. grew its holdings in Global X Uranium ETF by 3.7% during the 1st quarter. Invesco Ltd. now owns 2,104,479 shares of the company’s stock worth $48,235,000 after acquiring an additional 75,971 shares during the period. Phoenix Financial Ltd. bought a new position in Global X Uranium ETF during the 1st quarter worth approximately $40,973,000. Wells Fargo & Company MN lifted its holdings 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 valued at $46,300,000 after purchasing an additional 777,767 shares in the last quarter. Finally, Marshall Wace LLP lifted its holdings in shares of Global X Uranium ETF by 356.1% in the fourth quarter. Marshall Wace LLP now owns 1,290,871 shares of the company’s stock valued at $34,570,000 after purchasing an additional 1,007,853 shares in the last quarter.

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.