Capital Wealth Alliance LLC Buys 8,403 Shares of Sprott Uranium Miners ETF $URNM

Capital Wealth Alliance LLC lifted its stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 52.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 24,336 shares of the company’s stock after buying an additional 8,403 shares during the quarter. Sprott Uranium Miners ETF makes up 0.6% of Capital Wealth Alliance LLC’s holdings, making the stock its 29th largest holding. Capital Wealth Alliance LLC’s holdings in Sprott Uranium Miners ETF were worth $1,166,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Sequoia Financial Advisors LLC raised its holdings 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 worth $409,000 after buying an additional 1,759 shares during the last quarter. Vontobel Holding Ltd. increased its position in shares of Sprott Uranium Miners ETF by 115.4% during the first quarter. Vontobel Holding Ltd. now owns 12,480 shares of the company’s stock valued at $405,000 after acquiring an additional 6,687 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in Sprott Uranium Miners ETF by 11.7% in the 1st quarter. DAVENPORT & Co LLC now owns 6,535 shares of the company’s stock worth $212,000 after acquiring an additional 685 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Sprott Uranium Miners ETF by 77.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 107,174 shares of the company’s stock valued at $3,477,000 after acquiring an additional 46,940 shares in the last quarter. Finally, Alpha Cubed Investments LLC bought a new position in Sprott Uranium Miners ETF in the 1st quarter valued at approximately $245,000.

Sprott Uranium Miners ETF Trading Up 3.2%

Sprott Uranium Miners ETF stock opened at $58.09 on Thursday. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 7.69 and a beta of 1.42. The stock has a fifty day simple moving average of $55.67 and a two-hundred day simple moving average of $46.23. Sprott Uranium Miners ETF has a 12 month low of $27.60 and a 12 month high of $68.55.

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.