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

Global X Uranium ETF (NYSEARCA:URA) was the recipient of some unusual options trading on Monday. Investors purchased 22,630 call options on the company. This represents an increase of approximately 78% compared to the average daily volume of 12,732 call options.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Pine Valley Investments Ltd Liability Co lifted its position in shares of Global X Uranium ETF by 6.0% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 67,829 shares of the company’s stock valued at $3,285,000 after buying an additional 3,824 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Global X Uranium ETF by 150.3% during the 1st quarter. Parallel Advisors LLC now owns 1,499 shares of the company’s stock valued at $73,000 after buying an additional 900 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Global X Uranium ETF by 61.3% during the 1st quarter. NewEdge Advisors LLC now owns 267,651 shares of the company’s stock valued at $12,962,000 after buying an additional 101,756 shares during the last quarter. Axiom Investment Management LLC purchased a new position in shares of Global X Uranium ETF in the first quarter valued at $73,000. Finally, Western Wealth Management LLC grew its position in shares of Global X Uranium ETF by 6.4% in the first quarter. Western Wealth Management LLC now owns 11,303 shares of the company’s stock valued at $547,000 after purchasing an additional 679 shares in the last quarter.

Global X Uranium ETF Price Performance

Shares of NYSEARCA URA traded up $2.62 during trading on Monday, reaching $48.14. 4,405,642 shares of the stock traded hands, compared to its average volume of 4,902,609. Global X Uranium ETF has a 52-week low of $35.64 and a 52-week high of $62.28. The company has a 50-day moving average of $51.51 and a 200-day moving average of $50.59. The stock has a market capitalization of $6.77 billion, a P/E ratio of 37.39 and a beta of 1.10.

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.