Oliver Lagore Vanvalin Investment Group Sells 47,761 Shares of Sprott Uranium Miners ETF (NYSEARCA:URNM)

Oliver Lagore Vanvalin Investment Group lessened its position in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 45.0% during the second quarter, Holdings Channel reports. The fund owned 58,370 shares of the company’s stock after selling 47,761 shares during the period. Sprott Uranium Miners ETF comprises 0.8% of Oliver Lagore Vanvalin Investment Group’s holdings, making the stock its 23rd biggest holding. Oliver Lagore Vanvalin Investment Group’s holdings in Sprott Uranium Miners ETF were worth $2,874,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. bought a new position in Sprott Uranium Miners ETF in the first quarter valued at $34,000. International Assets Investment Management LLC bought a new position in shares of Sprott Uranium Miners ETF during the second quarter valued at about $89,000. ORG Partners LLC bought a new position in shares of Sprott Uranium Miners ETF during the second quarter valued at about $132,000. MONECO Advisors LLC bought a new position in shares of Sprott Uranium Miners ETF during the fourth quarter valued at about $213,000. Finally, Ausdal Financial Partners Inc. bought a new position in shares of Sprott Uranium Miners ETF during the second quarter valued at about $222,000.

Sprott Uranium Miners ETF Trading Down 0.1 %

Shares of NYSEARCA:URNM opened at $46.77 on Friday. The stock’s 50-day moving average price is $42.17 and its 200-day moving average price is $48.49. Sprott Uranium Miners ETF has a 12-month low of $36.91 and a 12-month high of $60.17. The stock has a market capitalization of $1.52 billion, a P/E ratio of 27.29 and a beta of 1.02.

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.