Diametric Capital LP Cuts Holdings in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Diametric Capital LP decreased its holdings in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 17.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,471 shares of the company’s stock after selling 2,506 shares during the period. Diametric Capital LP’s holdings in Sprott Uranium Miners ETF were worth $462,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Orion Portfolio Solutions LLC bought a new position in Sprott Uranium Miners ETF in the fourth quarter valued at about $216,000. Ausdal Financial Partners Inc. lifted its stake in shares of Sprott Uranium Miners ETF by 12.9% in the 4th quarter. Ausdal Financial Partners Inc. now owns 5,578 shares of the company’s stock worth $225,000 after purchasing an additional 637 shares during the period. Cruiser Capital Advisors LLC boosted its holdings in shares of Sprott Uranium Miners ETF by 30.9% in the fourth quarter. Cruiser Capital Advisors LLC now owns 72,000 shares of the company’s stock worth $2,902,000 after buying an additional 17,000 shares during the last quarter. LPL Financial LLC grew its position in Sprott Uranium Miners ETF by 10.2% during the fourth quarter. LPL Financial LLC now owns 299,086 shares of the company’s stock valued at $12,056,000 after buying an additional 27,716 shares during the period. Finally, DCF Advisers LLC grew its position in Sprott Uranium Miners ETF by 4.7% during the fourth quarter. DCF Advisers LLC now owns 42,400 shares of the company’s stock valued at $1,709,000 after buying an additional 1,900 shares during the period.

Sprott Uranium Miners ETF Price Performance

Shares of Sprott Uranium Miners ETF stock opened at $32.44 on Tuesday. Sprott Uranium Miners ETF has a 1-year low of $31.62 and a 1-year high of $60.17. The company’s fifty day simple moving average is $37.15 and its 200-day simple moving average is $42.49. The stock has a market capitalization of $1.19 billion, a PE ratio of 6.85 and a beta of 1.14.

About Sprott Uranium Miners ETF

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.