Hollencrest Capital Management Lowers Stock Holdings in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Hollencrest Capital Management cut its position in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 5.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,980 shares of the company’s stock after selling 2,350 shares during the quarter. Hollencrest Capital Management owned 0.13% of Sprott Uranium Miners ETF worth $2,116,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of URNM. Rokos Capital Management LLP purchased a new position in Sprott Uranium Miners ETF in the 1st quarter valued at approximately $18,121,000. Diversify Advisory Services LLC acquired a new stake in shares of Sprott Uranium Miners ETF in the first quarter valued at $5,268,000. Flow Traders U.S. LLC purchased a new position in Sprott Uranium Miners ETF in the first quarter valued at $3,849,000. GSA Capital Partners LLP grew its stake in Sprott Uranium Miners ETF by 309.0% during the 4th quarter. GSA Capital Partners LLP now owns 84,458 shares of the company’s stock worth $4,077,000 after purchasing an additional 63,810 shares in the last quarter. Finally, US Bancorp DE increased its holdings in Sprott Uranium Miners ETF by 3,072.5% during the 4th quarter. US Bancorp DE now owns 63,450 shares of the company’s stock worth $3,063,000 after purchasing an additional 61,450 shares during the period.

Sprott Uranium Miners ETF Price Performance

URNM stock opened at $41.53 on Friday. The business’s 50-day moving average is $42.59 and its two-hundred day moving average is $48.61. The firm has a market capitalization of $1.35 billion, a P/E ratio of 27.29 and a beta of 1.02. Sprott Uranium Miners ETF has a 1 year low of $36.91 and a 1 year high of $60.17.

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.