Mutual Advisors LLC Makes New $204,000 Investment in Sprott Uranium Miners ETF $URNM

Mutual Advisors LLC acquired a new stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,072 shares of the company’s stock, valued at approximately $204,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Sprott Uranium Miners ETF by 65.8% in the 1st 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. Harbour Investments Inc. lifted its holdings in shares of Sprott Uranium Miners ETF by 19.9% in the second quarter. Harbour Investments Inc. now owns 1,265 shares of the company’s stock valued at $61,000 after buying an additional 210 shares during the period. Operose Advisors LLC acquired a new stake in shares of Sprott Uranium Miners ETF during the first quarter worth $70,000. Comerica Bank raised its position in Sprott Uranium Miners ETF by 50.1% during the first quarter. Comerica Bank now owns 3,153 shares of the company’s stock valued at $102,000 after buying an additional 1,053 shares during the period. Finally, NewEdge Advisors LLC raised its position in Sprott Uranium Miners ETF by 96.8% during the first quarter. NewEdge Advisors LLC now owns 5,648 shares of the company’s stock valued at $183,000 after buying an additional 2,778 shares during the period.

Sprott Uranium Miners ETF Price Performance

Shares of URNM stock opened at $58.09 on Thursday. Sprott Uranium Miners ETF has a fifty-two week low of $27.60 and a fifty-two week high of $68.55. The stock’s 50-day moving average is $55.67 and its two-hundred day moving average is $46.23. The firm has a market cap of $1.90 billion, a P/E ratio of 7.69 and a beta of 1.42.

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.