Private Advisor Group LLC Decreases Position in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Private Advisor Group LLC trimmed its position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 12.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,554 shares of the company’s stock after selling 2,460 shares during the quarter. Private Advisor Group LLC owned approximately 0.05% of Sprott Uranium Miners ETF worth $805,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of URNM. International Assets Investment Management LLC purchased a new stake in shares of Sprott Uranium Miners ETF in the second quarter valued at $89,000. ORG Partners LLC purchased a new stake in shares of Sprott Uranium Miners ETF in the second quarter valued at $132,000. Ausdal Financial Partners Inc. purchased a new stake in shares of Sprott Uranium Miners ETF in the second quarter valued at $222,000. Pasadena Private Wealth LLC purchased a new stake in shares of Sprott Uranium Miners ETF in the second quarter valued at $233,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Sprott Uranium Miners ETF by 98.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,748 shares of the company’s stock valued at $234,000 after acquiring an additional 2,356 shares in the last quarter.

Sprott Uranium Miners ETF Stock Down 2.1 %

Shares of NYSEARCA:URNM opened at $46.29 on Friday. Sprott Uranium Miners ETF has a 52-week low of $36.91 and a 52-week high of $60.17. The stock’s fifty day simple moving average is $45.32 and its 200-day simple moving average is $48.19. The company has a market capitalization of $1.51 billion, a P/E ratio of 27.29 and a beta of 1.02.

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.