Stegent Equity Advisors Inc. Boosts Stake in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Stegent Equity Advisors Inc. grew its position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 5.8% during the fourth quarter, Holdings Channel reports. The fund owned 59,057 shares of the company’s stock after purchasing an additional 3,254 shares during the period. Sprott Uranium Miners ETF makes up about 2.4% of Stegent Equity Advisors Inc.’s holdings, making the stock its 11th biggest holding. Stegent Equity Advisors Inc.’s holdings in Sprott Uranium Miners ETF were worth $2,381,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in URNM. Creative Planning grew its holdings in shares of Sprott Uranium Miners ETF by 25.7% during the 3rd quarter. Creative Planning now owns 23,455 shares of the company’s stock worth $1,076,000 after acquiring an additional 4,794 shares during the period. Raymond James & Associates grew its holdings 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 worth $3,141,000 after acquiring an additional 18,894 shares during the period. International Assets Investment Management LLC grew its holdings 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 during the period. Pettinga Financial Advisors LLC boosted its position 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 purchasing an additional 745 shares in the last quarter. Finally, MONECO Advisors LLC boosted its position in shares of Sprott Uranium Miners ETF by 118.0% in the 3rd quarter. MONECO Advisors LLC now owns 14,753 shares of the company’s stock worth $677,000 after purchasing an additional 7,987 shares in the last quarter.

Sprott Uranium Miners ETF Stock Up 1.9 %

Shares of URNM opened at $35.96 on Thursday. The business’s 50 day moving average price is $40.47 and its 200-day moving average price is $43.57. Sprott Uranium Miners ETF has a 52 week low of $34.70 and a 52 week high of $60.17. The stock has a market cap of $1.31 billion, a P/E ratio of 7.86 and a beta of 1.11.

Sprott Uranium Miners ETF 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.