Traders Buy High Volume of Put Options on Global X Uranium ETF (NYSEARCA:URA)

Global X Uranium ETF (NYSEARCA:URA) saw unusually large options trading activity on Friday. Stock investors acquired 15,890 put options on the stock. This is an increase of approximately 39% compared to the average daily volume of 11,446 put options.

Global X Uranium ETF Stock Up 3.0%

NYSEARCA:URA traded up $1.30 on Friday, reaching $45.14. 1,700,615 shares of the company’s stock traded hands, compared to its average volume of 4,334,432. The stock has a 50-day simple moving average of $43.06 and a 200-day simple moving average of $48.52. The firm has a market cap of $6.26 billion, a PE ratio of 37.39 and a beta of 1.15. Global X Uranium ETF has a 12 month low of $37.18 and a 12 month high of $62.28.

Institutional Trading of Global X Uranium ETF

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