Investors Buy Large Volume of Global X Uranium ETF Call Options (NYSEARCA:URA)

Global X Uranium ETF (NYSEARCA:URA) was the target of unusually large options trading activity on Friday. Traders acquired 58,453 call options on the stock. This is an increase of 443% compared to the average daily volume of 10,773 call options.

Global X Uranium ETF Price Performance

Shares of URA stock opened at $28.10 on Friday. The business has a 50-day moving average of $30.74 and a 200 day moving average of $28.83. The stock has a market capitalization of $2.99 billion, a PE ratio of 22.45 and a beta of 1.08. Global X Uranium ETF has a 1-year low of $22.78 and a 1-year high of $33.99.

Institutional Trading of Global X Uranium ETF

Institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its stake in shares of 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 worth $382,970,000 after purchasing an additional 4,512,560 shares during the last quarter. Benjamin Edwards Inc. increased its position in Global X Uranium ETF by 2,106.1% during the 3rd quarter. Benjamin Edwards Inc. now owns 968,228 shares of the company’s stock valued at $27,700,000 after purchasing an additional 924,340 shares during the period. BNP Paribas Financial Markets boosted its stake in shares of Global X Uranium ETF by 742.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 927,922 shares of the company’s stock valued at $26,548,000 after purchasing an additional 817,807 shares in the last quarter. Lloyd Harbor Capital Management LLC purchased a new position in shares of Global X Uranium ETF during the second quarter valued at about $14,096,000. Finally, Eagle Strategies LLC lifted its holdings in Global X Uranium ETF by 2,353.5% in the second quarter. Eagle Strategies LLC now owns 252,714 shares of the company’s stock worth $7,316,000 after buying an additional 242,414 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.