Belpointe Asset Management LLC Has $1.62 Million Stake in VanEck Uranium and Nuclear ETF $NLR

Belpointe Asset Management LLC cut its holdings in shares of VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 18.5% during the second quarter, Holdings Channel reports. The fund owned 14,572 shares of the company’s stock after selling 3,298 shares during the quarter. Belpointe Asset Management LLC’s holdings in VanEck Uranium and Nuclear ETF were worth $1,620,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in NLR. LPL Financial LLC boosted its position in VanEck Uranium and Nuclear ETF by 88.3% during the first quarter. LPL Financial LLC now owns 753,776 shares of the company’s stock worth $55,229,000 after purchasing an additional 353,416 shares during the period. Jane Street Group LLC lifted its stake in shares of VanEck Uranium and Nuclear ETF by 244.5% during the 1st quarter. Jane Street Group LLC now owns 181,432 shares of the company’s stock worth $13,294,000 after buying an additional 128,766 shares during the last quarter. Silver Oak Securities Incorporated boosted its holdings in shares of VanEck Uranium and Nuclear ETF by 1,952.8% during the 1st quarter. Silver Oak Securities Incorporated now owns 125,651 shares of the company’s stock worth $9,206,000 after buying an additional 119,530 shares during the period. Rockport Wealth LLC acquired a new position in VanEck Uranium and Nuclear ETF in the 1st quarter valued at about $7,583,000. Finally, SMI Advisory Services LLC acquired a new position in VanEck Uranium and Nuclear ETF in the 2nd quarter valued at about $9,915,000.

VanEck Uranium and Nuclear ETF Stock Up 2.9%

Shares of NLR stock opened at $145.48 on Tuesday. VanEck Uranium and Nuclear ETF has a 12-month low of $64.26 and a 12-month high of $148.15. The company has a market capitalization of $3.40 billion, a PE ratio of 26.00 and a beta of 0.60. The firm has a 50 day moving average price of $123.43 and a two-hundred day moving average price of $103.57.

VanEck Uranium and Nuclear ETF Company Profile

The VanEck Uranium+Nuclear Energy ETF (NLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.