Avid Wealth Partners LLC Takes $559,000 Position in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Avid Wealth Partners LLC bought a new position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 12,181 shares of the company’s stock, valued at approximately $559,000. Sprott Uranium Miners ETF makes up about 0.4% of Avid Wealth Partners LLC’s investment portfolio, making the stock its 27th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of URNM. Rokos Capital Management LLP bought a new stake in Sprott Uranium Miners ETF during the first quarter worth $18,121,000. International Assets Investment Management LLC raised 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 buying an additional 144,556 shares in the last quarter. Symmetry Investments LP bought a new stake in shares of Sprott Uranium Miners ETF during the 2nd quarter worth $5,209,000. Flow Traders U.S. LLC acquired a new stake in Sprott Uranium Miners ETF in the first quarter valued at about $3,849,000. Finally, Accordant Advisory Group Inc boosted its stake in Sprott Uranium Miners ETF by 1,066.5% in the third quarter. Accordant Advisory Group Inc now owns 63,996 shares of the company’s stock valued at $2,936,000 after buying an additional 58,510 shares in the last quarter.

Sprott Uranium Miners ETF Trading Down 2.4 %

Shares of NYSEARCA URNM opened at $46.52 on Friday. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 27.29 and a beta of 1.02. Sprott Uranium Miners ETF has a 12 month low of $36.91 and a 12 month high of $60.17. The stock has a 50-day moving average price of $45.71 and a two-hundred day moving average price of $48.08.

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.