Global X Uranium ETF Target of Unusually High Options Trading (NYSEARCA:URA)

Global X Uranium ETF (NYSEARCA:URA) was the target of unusually large options trading on Monday. Stock traders purchased 22,630 call options on the stock. This is an increase of 78% compared to the average daily volume of 12,732 call options.

Institutional Trading of Global X Uranium ETF

A number of large investors have recently made changes to their positions in the company. Bank of America Corp DE boosted its position in shares of Global X Uranium ETF by 17.3% in the 1st quarter. Bank of America Corp DE now owns 6,432,719 shares of the company’s stock valued at $311,537,000 after purchasing an additional 947,320 shares during the period. Morgan Stanley boosted its position in shares of Global X Uranium ETF by 38.4% in the 4th quarter. Morgan Stanley now owns 3,550,762 shares of the company’s stock valued at $151,724,000 after purchasing an additional 985,807 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Global X Uranium ETF by 11.1% in the 4th quarter. JPMorgan Chase & Co. now owns 2,430,935 shares of the company’s stock valued at $103,874,000 after purchasing an additional 242,403 shares during the period. Phoenix Financial Ltd. acquired a new stake in shares of Global X Uranium ETF in the 4th quarter valued at about $90,486,000. Finally, Wells Fargo & Company MN boosted its position in shares of Global X Uranium ETF by 8.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,978,480 shares of the company’s stock valued at $84,540,000 after purchasing an additional 148,707 shares during the period.

Global X Uranium ETF Stock Performance

NYSEARCA:URA opened at $48.06 on Tuesday. The stock has a 50-day simple moving average of $51.49 and a 200-day simple moving average of $50.62. The stock has a market cap of $6.76 billion, a P/E ratio of 37.39 and a beta of 1.10. Global X Uranium ETF has a 1 year low of $35.64 and a 1 year high of $62.28.

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.