E&G Advisors LP Acquires New Position in Sprott Uranium Miners ETF $URNM

E&G Advisors LP acquired a new stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 5,290 shares of the company’s stock, valued at approximately $254,000.

Several other hedge funds also recently bought and sold shares of the company. DAVENPORT & Co LLC increased its position in shares of Sprott Uranium Miners ETF by 11.7% during the first quarter. DAVENPORT & Co LLC now owns 6,535 shares of the company’s stock worth $212,000 after acquiring an additional 685 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in Sprott Uranium Miners ETF by 16.2% in the first quarter. Sequoia Financial Advisors LLC now owns 12,611 shares of the company’s stock valued at $409,000 after acquiring an additional 1,759 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Sprott Uranium Miners ETF by 65.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,101 shares of the company’s stock valued at $36,000 after acquiring an additional 437 shares during the last quarter. Savvy Advisors Inc. acquired a new stake in Sprott Uranium Miners ETF in the first quarter valued at $1,565,000. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Sprott Uranium Miners ETF by 77.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 107,174 shares of the company’s stock worth $3,477,000 after buying an additional 46,940 shares during the last quarter.

Sprott Uranium Miners ETF Stock Up 3.0%

Shares of Sprott Uranium Miners ETF stock opened at $59.99 on Tuesday. Sprott Uranium Miners ETF has a twelve month low of $27.60 and a twelve month high of $60.28. The company has a 50-day simple moving average of $49.90 and a two-hundred day simple moving average of $42.19. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of 7.69 and a beta of 1.42.

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.