Stock Traders Purchase High Volume of Global X Uranium ETF Put Options (NYSEARCA:URA)

Global X Uranium ETF (NYSEARCA:URAGet Free Report) saw some unusual options trading activity on Friday. Investors purchased 15,890 put options on the company. This represents an increase of 39% compared to the typical daily volume of 11,446 put options.

Global X Uranium ETF Stock Performance

Shares of URA traded up $1.30 during midday trading on Friday, hitting $45.14. 1,700,615 shares of the company traded hands, compared to its average volume of 4,334,432. The stock has a market cap of $6.26 billion, a price-to-earnings ratio of 37.39 and a beta of 1.15. The firm has a 50 day moving average of $43.06 and a 200-day moving average of $48.52. Global X Uranium ETF has a 52 week low of $37.18 and a 52 week high of $62.28.

Hedge Funds Weigh In On Global X Uranium ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ascentis Independent Advisors purchased a new position in Global X Uranium ETF during the 1st quarter valued at approximately $25,000. Qube Research & Technologies Ltd bought a new stake in Global X Uranium ETF in the 2nd quarter worth approximately $25,000. Hazlett Burt & Watson Inc. purchased a new stake in shares of Global X Uranium ETF during the 4th quarter worth approximately $27,000. EverSource Wealth Advisors LLC raised its holdings in shares of Global X Uranium ETF by 612.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 712 shares of the company’s stock worth $30,000 after acquiring an additional 612 shares in the last quarter. Finally, WealthShield Partners LLC raised its holdings in shares of Global X Uranium ETF by 173.9% during the 4th quarter. WealthShield Partners LLC now owns 912 shares of the company’s stock worth $39,000 after acquiring an additional 579 shares in the last quarter.

Global X Uranium ETF Company Profile

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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.

Further Reading

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