Janney Montgomery Scott LLC Purchases 7,186 Shares of Sprott Uranium Miners ETF (NYSEARCA:URNM)

Janney Montgomery Scott LLC lifted its position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 40.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,909 shares of the company’s stock after purchasing an additional 7,186 shares during the period. Janney Montgomery Scott LLC owned 0.08% of Sprott Uranium Miners ETF worth $1,143,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in URNM. Avantax Advisory Services Inc. lifted its position in shares of Sprott Uranium Miners ETF by 15.5% during the first quarter. Avantax Advisory Services Inc. now owns 17,278 shares of the company’s stock valued at $852,000 after purchasing an additional 2,318 shares in the last quarter. Capital Wealth Alliance LLC raised its position in Sprott Uranium Miners ETF by 13.2% in the first quarter. Capital Wealth Alliance LLC now owns 28,600 shares of the company’s stock worth $1,410,000 after acquiring an additional 3,328 shares during the period. Beaumont Financial Advisors LLC raised its position in Sprott Uranium Miners ETF by 5.0% in the first quarter. Beaumont Financial Advisors LLC now owns 6,345 shares of the company’s stock worth $313,000 after acquiring an additional 305 shares during the period. Lake Street Advisors Group LLC bought a new stake in Sprott Uranium Miners ETF in the first quarter worth about $333,000. Finally, Flow Traders U.S. LLC bought a new stake in Sprott Uranium Miners ETF in the first quarter worth about $3,849,000.

Sprott Uranium Miners ETF Stock Performance

Shares of URNM stock opened at $45.86 on Friday. The firm has a market cap of $1.49 billion, a price-to-earnings 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. The firm’s 50-day simple moving average is $46.17 and its two-hundred day simple moving average is $47.95.

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.