Range Nuclear Renaissance Index ETF (NYSEARCA:NUKZ) Sets New 52-Week High – Still a Buy?

Range Nuclear Renaissance Index ETF (NYSEARCA:NUKZ)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $67.58 and last traded at $67.47, with a volume of 57394 shares trading hands. The stock had previously closed at $66.83.

Range Nuclear Renaissance Index ETF Stock Up 1.0%

The business has a 50 day simple moving average of $61.01 and a 200 day simple moving average of $52.31. The company has a market capitalization of $656.97 million, a PE ratio of 24.01 and a beta of 1.00.

Institutional Investors Weigh In On Range Nuclear Renaissance Index ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NUKZ. OLD Mission Capital LLC purchased a new position in shares of Range Nuclear Renaissance Index ETF in the first quarter worth about $634,000. Flow Traders U.S. LLC purchased a new position in shares of Range Nuclear Renaissance Index ETF in the first quarter worth about $616,000. Cambridge Investment Research Advisors Inc. raised its stake in shares of Range Nuclear Renaissance Index ETF by 147.1% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 13,850 shares of the company’s stock worth $528,000 after purchasing an additional 8,245 shares during the last quarter. Parallel Advisors LLC purchased a new position in shares of Range Nuclear Renaissance Index ETF in the first quarter worth about $78,000. Finally, Fiduciary Alliance LLC purchased a new position in shares of Range Nuclear Renaissance Index ETF in the second quarter worth about $1,572,000.

About Range Nuclear Renaissance Index ETF

The Range Nuclear Renaissance Index ETF (NUKZ) is an exchange-traded fund that is based on the Range Nuclear Renaissance index. The fund tracks a market cap-weighted index of stocks of companies from around the world that are operating within the nuclear fuel and energy industry. NUKZ was launched on Jan 23, 2024 and is issued by Range.