MML Investors Services LLC Sells 1,125 Shares of Sprott Uranium Miners ETF (NYSEARCA:URNM)

MML Investors Services LLC lessened its position in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 2.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 40,926 shares of the company’s stock after selling 1,125 shares during the period. MML Investors Services LLC’s holdings in Sprott Uranium Miners ETF were worth $1,878,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Global Trust Asset Management LLC bought a new position in shares of Sprott Uranium Miners ETF in the 3rd quarter worth $28,000. Capital Performance Advisors LLP acquired a new position in Sprott Uranium Miners ETF during the third quarter worth $65,000. International Assets Investment Management LLC bought a new position in shares of Sprott Uranium Miners ETF in the second quarter valued at $89,000. Chicago Partners Investment Group LLC acquired a new position in shares of Sprott Uranium Miners ETF during the third quarter valued at about $209,000. Finally, Ausdal Financial Partners Inc. bought a new stake in shares of Sprott Uranium Miners ETF during the second quarter worth about $222,000.

Sprott Uranium Miners ETF Price Performance

URNM opened at $41.99 on Tuesday. Sprott Uranium Miners ETF has a fifty-two week low of $36.91 and a fifty-two week high of $60.17. The firm has a market capitalization of $1.37 billion, a PE ratio of 27.29 and a beta of 1.02. The company’s 50-day moving average is $47.67 and its 200 day moving average is $46.58.

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.