Torno Capital LLC Sells 8,509 Shares of Sprott Uranium Miners ETF (NYSEARCA:URNM)

Torno Capital LLC cut its stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 56.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Sprott Uranium Miners ETF by 94.7% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 16,450 shares of the company’s stock valued at $811,000 after purchasing an additional 8,000 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Sprott Uranium Miners ETF by 581.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,150 shares of the company’s stock valued at $345,000 after purchasing an additional 6,100 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Sprott Uranium Miners ETF during the first quarter valued at $1,347,000. GSA Capital Partners LLP boosted its stake in shares of Sprott Uranium Miners ETF by 309.0% during the fourth quarter. GSA Capital Partners LLP now owns 84,458 shares of the company’s stock valued at $4,077,000 after purchasing an additional 63,810 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Sprott Uranium Miners ETF by 6.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 18,932 shares of the company’s stock valued at $914,000 after purchasing an additional 1,184 shares during the period.

Sprott Uranium Miners ETF Trading Up 4.5 %

Shares of URNM opened at $45.02 on Tuesday. Sprott Uranium Miners ETF has a 12-month low of $36.91 and a 12-month high of $60.17. The firm has a fifty day moving average price of $42.28 and a 200-day moving average price of $48.54. The firm has a market capitalization of $1.47 billion, a P/E ratio of 27.29 and a beta of 1.02.

About Sprott Uranium Miners ETF

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.