Menlo Advisors LLC boosted its stake in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM – Free Report) by 0.6% in the fourth quarter, HoldingsChannel reports. The firm owned 90,064 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Sprott Uranium Miners ETF accounts for about 1.9% of Menlo Advisors LLC’s holdings, making the stock its 19th largest holding. Menlo Advisors LLC’s holdings in Sprott Uranium Miners ETF were worth $3,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Sprott Uranium Miners ETF by 145.4% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,227,000 shares of the company’s stock valued at $56,295,000 after buying an additional 727,000 shares during the period. BFI Infinity Ltd. bought a new position in shares of Sprott Uranium Miners ETF during the 4th quarter worth approximately $8,491,000. Crawford Fund Management LLC bought a new position in shares of Sprott Uranium Miners ETF during the 3rd quarter worth approximately $8,263,000. Mirabella Financial Services LLP bought a new position in shares of Sprott Uranium Miners ETF in the 3rd quarter worth $5,037,000. Finally, Raymond James Financial Inc. bought a new position in shares of Sprott Uranium Miners ETF in the 4th quarter worth $3,754,000.
Sprott Uranium Miners ETF Trading Up 2.1 %
NYSEARCA URNM opened at $34.21 on Thursday. Sprott Uranium Miners ETF has a 12 month low of $31.93 and a 12 month high of $60.17. The firm has a market capitalization of $1.25 billion, a P/E ratio of 7.86 and a beta of 1.11. The business has a fifty day simple moving average of $39.80 and a 200 day simple moving average of $43.33.
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.
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