Steward Partners Investment Advisory LLC Boosts Stake in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Steward Partners Investment Advisory LLC increased its position in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 34.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,414 shares of the company’s stock after buying an additional 3,150 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Sprott Uranium Miners ETF were worth $500,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC lifted its position in shares of Sprott Uranium Miners ETF by 1.4% in the third quarter. HighTower Advisors LLC now owns 180,865 shares of the company’s stock worth $8,295,000 after buying an additional 2,570 shares in the last quarter. Vontobel Holding Ltd. lifted its position in shares of Sprott Uranium Miners ETF by 12.2% in the fourth quarter. Vontobel Holding Ltd. now owns 5,793 shares of the company’s stock worth $234,000 after buying an additional 632 shares in the last quarter. Principal Securities Inc. lifted its position in shares of Sprott Uranium Miners ETF by 7.6% in the fourth quarter. Principal Securities Inc. now owns 7,756 shares of the company’s stock worth $313,000 after buying an additional 549 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Sprott Uranium Miners ETF by 40.5% in the third quarter. Janney Montgomery Scott LLC now owns 24,909 shares of the company’s stock worth $1,143,000 after buying an additional 7,186 shares in the last quarter. Finally, Commons Capital LLC lifted its position in shares of Sprott Uranium Miners ETF by 7.0% in the fourth quarter. Commons Capital LLC now owns 5,910 shares of the company’s stock worth $238,000 after buying an additional 388 shares in the last quarter.

Sprott Uranium Miners ETF Price Performance

Shares of NYSEARCA URNM opened at $33.50 on Thursday. The business’s 50 day moving average is $39.10 and its two-hundred day moving average is $43.05. Sprott Uranium Miners ETF has a 1-year low of $31.93 and a 1-year high of $60.17. The stock has a market capitalization of $1.22 billion, a P/E ratio of 7.86 and a beta of 1.11.

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.