Sprott Uranium Miners ETF (NYSEARCA:URNM) Position Boosted by Sprott Inc.

Sprott Inc. increased its holdings in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 572.9% during the fourth quarter, Holdings Channel reports. The firm owned 29,851 shares of the company’s stock after purchasing an additional 25,415 shares during the period. Sprott Inc.’s holdings in Sprott Uranium Miners ETF were worth $1,203,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Planning boosted its holdings in Sprott Uranium Miners ETF by 25.7% during the third quarter. Creative Planning now owns 23,455 shares of the company’s stock worth $1,076,000 after buying an additional 4,794 shares in the last quarter. Raymond James & Associates lifted its position in shares of Sprott Uranium Miners ETF by 38.1% during the 3rd quarter. Raymond James & Associates now owns 68,464 shares of the company’s stock valued at $3,141,000 after acquiring an additional 18,894 shares during the last quarter. International Assets Investment Management LLC boosted its stake in shares of Sprott Uranium Miners ETF by 8,026.4% during the 3rd quarter. International Assets Investment Management LLC now owns 146,357 shares of the company’s stock worth $6,715,000 after acquiring an additional 144,556 shares in the last quarter. Pettinga Financial Advisors LLC grew its holdings in shares of Sprott Uranium Miners ETF by 1.1% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 70,250 shares of the company’s stock worth $3,223,000 after acquiring an additional 745 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of Sprott Uranium Miners ETF by 125.8% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 14,611 shares of the company’s stock worth $670,000 after acquiring an additional 8,140 shares during the last quarter.

Sprott Uranium Miners ETF Stock Down 2.1 %

Shares of NYSEARCA URNM opened at $35.30 on Wednesday. Sprott Uranium Miners ETF has a 12 month low of $34.70 and a 12 month high of $60.17. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 27.29 and a beta of 1.02. The business has a fifty day simple moving average of $40.56 and a 200-day simple moving average of $43.63.

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.