Sprott Uranium Miners ETF (NYSEARCA:URNM) Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lifted its position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 30.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,311 shares of the company’s stock after purchasing an additional 2,430 shares during the period. Sequoia Financial Advisors LLC’s holdings in Sprott Uranium Miners ETF were worth $473,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. increased its holdings in shares of Sprott Uranium Miners ETF by 581.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,150 shares of the company’s stock valued at $345,000 after acquiring an additional 6,100 shares during the period. Hennion & Walsh Asset Management Inc. raised its holdings in shares of Sprott Uranium Miners ETF by 94.7% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 16,450 shares of the company’s stock valued at $811,000 after buying an additional 8,000 shares during the last quarter. SeaCrest Wealth Management LLC raised its holdings in shares of Sprott Uranium Miners ETF by 2.3% in the first quarter. SeaCrest Wealth Management LLC now owns 22,461 shares of the company’s stock valued at $1,107,000 after buying an additional 501 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Sprott Uranium Miners ETF by 25.1% during the first quarter. Commonwealth Equity Services LLC now owns 65,535 shares of the company’s stock worth $3,230,000 after buying an additional 13,148 shares during the period. Finally, HB Wealth Management LLC purchased a new position in shares of Sprott Uranium Miners ETF during the first quarter worth about $1,783,000.

Sprott Uranium Miners ETF Stock Down 1.3 %

Shares of URNM stock opened at $49.44 on Monday. The stock’s 50-day moving average price is $44.65 and its 200 day moving average price is $48.31. The stock has a market capitalization of $1.61 billion, a PE ratio of 27.29 and a beta of 1.02. Sprott Uranium Miners ETF has a 52-week low of $36.91 and a 52-week high of $60.17.

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.