Sprott Uranium Miners ETF (NYSEARCA:URNM) Shares Up 3.4%

Shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) were up 3.4% on Tuesday . The stock traded as high as $47.57 and last traded at $47.43. Approximately 60,634 shares changed hands during trading, a decline of 90% from the average daily volume of 590,907 shares. The stock had previously closed at $45.88.

Sprott Uranium Miners ETF Stock Up 1.5 %

The firm’s 50-day moving average price is $42.15 and its 200-day moving average price is $48.51. The company has a market cap of $1.52 billion, a P/E ratio of 27.29 and a beta of 1.02.

Institutional Trading of Sprott Uranium Miners ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Rokos Capital Management LLP bought a new position in shares of Sprott Uranium Miners ETF during the 1st quarter valued at $18,121,000. Fielder Capital Group LLC lifted its holdings in shares of Sprott Uranium Miners ETF by 2.8% during the second quarter. Fielder Capital Group LLC now owns 125,143 shares of the company’s stock valued at $6,162,000 after purchasing an additional 3,428 shares in the last quarter. Financial Enhancement Group LLC raised its holdings in shares of Sprott Uranium Miners ETF by 5.6% during the second quarter. Financial Enhancement Group LLC now owns 110,512 shares of the company’s stock valued at $5,442,000 after purchasing an additional 5,910 shares during the last quarter. Symmetry Investments LP purchased a new position in shares of Sprott Uranium Miners ETF in the 2nd quarter worth $5,209,000. Finally, Cetera Investment Advisers lifted its stake in shares of Sprott Uranium Miners ETF by 46.8% in the 2nd quarter. Cetera Investment Advisers now owns 105,387 shares of the company’s stock worth $5,189,000 after purchasing an additional 33,576 shares during the period.

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.