Moran Wealth Management LLC Invests $1 Million in VanEck Uranium and Nuclear ETF $NLR

Moran Wealth Management LLC purchased a new position in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 8,064 shares of the company’s stock, valued at approximately $1,002,000.

Other large investors have also recently made changes to their positions in the company. Pandora Wealth Inc. bought a new position in shares of VanEck Uranium and Nuclear ETF in the 3rd quarter worth $31,000. Valley National Advisers Inc. increased its position in VanEck Uranium and Nuclear ETF by 62.1% during the 3rd quarter. Valley National Advisers Inc. now owns 261 shares of the company’s stock valued at $35,000 after buying an additional 100 shares in the last quarter. Bangor Savings Bank acquired a new position in VanEck Uranium and Nuclear ETF during the 4th quarter valued at about $35,000. Sound Income Strategies LLC increased its position in VanEck Uranium and Nuclear ETF by 1,325.0% during the 4th quarter. Sound Income Strategies LLC now owns 285 shares of the company’s stock valued at $35,000 after buying an additional 265 shares in the last quarter. Finally, First PREMIER Bank acquired a new position in VanEck Uranium and Nuclear ETF during the 4th quarter valued at about $37,000.

VanEck Uranium and Nuclear ETF Price Performance

Shares of NYSEARCA:NLR opened at $146.42 on Tuesday. The business’s 50-day moving average is $140.10 and its 200 day moving average is $139.79. VanEck Uranium and Nuclear ETF has a 1 year low of $71.19 and a 1 year high of $168.12. The firm has a market capitalization of $5.14 billion, a P/E ratio of 26.00 and a beta of 0.84.

About VanEck Uranium and Nuclear ETF

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.