Cheviot Value Management LLC Acquires Shares of 23,730 Sprott Uranium Miners ETF (NYSEARCA:URNM)

Cheviot Value Management LLC bought a new stake in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 23,730 shares of the company’s stock, valued at approximately $1,168,000. Cheviot Value Management LLC owned approximately 0.07% of Sprott Uranium Miners ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Rokos Capital Management LLP bought a new position in shares of Sprott Uranium Miners ETF during the first quarter valued at approximately $18,121,000. Fielder Capital Group LLC raised its holdings in shares of Sprott Uranium Miners ETF by 2.8% during the second quarter. Fielder Capital Group LLC now owns 125,143 shares of the company’s stock valued at $6,162,000 after acquiring an additional 3,428 shares in the last quarter. Financial Enhancement Group LLC grew its stake in Sprott Uranium Miners ETF by 5.6% in the second quarter. Financial Enhancement Group LLC now owns 110,512 shares of the company’s stock worth $5,442,000 after purchasing an additional 5,910 shares during the period. Symmetry Investments LP purchased a new stake in Sprott Uranium Miners ETF in the second quarter worth $5,209,000. Finally, Diversify Advisory Services LLC grew its stake in Sprott Uranium Miners ETF by 1.1% in the second quarter. Diversify Advisory Services LLC now owns 102,211 shares of the company’s stock worth $5,121,000 after purchasing an additional 1,140 shares during the period.

Sprott Uranium Miners ETF Stock Up 4.5 %

Shares of URNM stock opened at $45.02 on Tuesday. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 27.29 and a beta of 1.02. The business’s fifty day moving average is $42.28 and its 200 day moving average is $48.54. Sprott Uranium Miners ETF has a twelve month low of $36.91 and a twelve month high of $60.17.

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.