Sprott Uranium Miners ETF (NYSEARCA:URNM) Reaches New 12-Month Low at $36.91

Sprott Uranium Miners ETF (NYSEARCA:URNM)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $36.91 and last traded at $37.27, with a volume of 368971 shares traded. The stock had previously closed at $38.77.

Sprott Uranium Miners ETF Price Performance

The stock’s 50 day moving average is $44.66 and its two-hundred day moving average is $49.25. The stock has a market capitalization of $1.21 billion, a PE ratio of 27.29 and a beta of 1.02.

Institutional Investors Weigh In On Sprott Uranium Miners ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Rokos Capital Management LLP purchased a new position in shares of Sprott Uranium Miners ETF during the 1st quarter worth about $18,121,000. Simplicity Wealth LLC bought a new stake in Sprott Uranium Miners ETF in the first quarter valued at $6,336,000. Fielder Capital Group LLC grew its position in Sprott Uranium Miners ETF by 2.8% in the 2nd quarter. Fielder Capital Group LLC now owns 125,143 shares of the company’s stock worth $6,162,000 after purchasing an additional 3,428 shares during the last quarter. Financial Enhancement Group LLC boosted its position in Sprott Uranium Miners ETF by 5.6% during the 2nd quarter. Financial Enhancement Group LLC now owns 110,512 shares of the company’s stock worth $5,442,000 after acquiring an additional 5,910 shares during the period. Finally, Symmetry Investments LP bought a new stake in shares of Sprott Uranium Miners ETF during the 2nd quarter worth about $5,209,000.

Sprott Uranium Miners ETF Company Profile

The Sprott Uranium Miners ETF (URNM) is an exchange-traded fund that is based on the North Shore Global Uranium Mining index, a market-cap-weighted index of global companies in the uranium industry. URNM was launched on Dec 3, 2019 and is managed by Sprott.