Torno Capital LLC trimmed its position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM – Free Report) by 56.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,500 shares of the company’s stock after selling 8,509 shares during the quarter. Torno Capital LLC’s holdings in Sprott Uranium Miners ETF were worth $320,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of the company. Cheviot Value Management LLC purchased a new stake in shares of Sprott Uranium Miners ETF during the second quarter valued at about $1,168,000. Itau Unibanco Holding S.A. purchased a new stake in shares of Sprott Uranium Miners ETF during the second quarter valued at about $837,000. Symmetry Investments LP purchased a new stake in shares of Sprott Uranium Miners ETF during the second quarter valued at about $5,209,000. DCF Advisers LLC purchased a new stake in shares of Sprott Uranium Miners ETF during the second quarter valued at about $763,000. Finally, Menlo Advisors LLC lifted its position in shares of Sprott Uranium Miners ETF by 3.0% during the second quarter. Menlo Advisors LLC now owns 87,599 shares of the company’s stock valued at $4,313,000 after buying an additional 2,565 shares during the last quarter.
Sprott Uranium Miners ETF Stock Performance
URNM stock opened at $45.02 on Tuesday. Sprott Uranium Miners ETF has a one year low of $36.91 and a one year high of $60.17. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 27.29 and a beta of 1.02. The firm has a 50-day simple moving average of $42.28 and a two-hundred day simple moving average of $48.54.
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.
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