One Plus One Wealth Management LLC Raises Stock Holdings in Sprott Uranium Miners ETF (NYSEARCA:URNM)

One Plus One Wealth Management LLC grew its stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 7.0% during the 1st quarter, Holdings Channel reports. The fund owned 116,940 shares of the company’s stock after acquiring an additional 7,676 shares during the period. Sprott Uranium Miners ETF comprises about 2.1% of One Plus One Wealth Management LLC’s portfolio, making the stock its 13th biggest position. One Plus One Wealth Management LLC’s holdings in Sprott Uranium Miners ETF were worth $3,794,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. LFA Lugano Financial Advisors SA purchased a new stake in shares of Sprott Uranium Miners ETF in the fourth quarter valued at $37,000. NBC Securities Inc. purchased a new stake in shares of Sprott Uranium Miners ETF in the first quarter valued at $53,000. US Bancorp DE lifted its position in shares of Sprott Uranium Miners ETF by 17.9% in the fourth quarter. US Bancorp DE now owns 2,358 shares of the company’s stock valued at $95,000 after acquiring an additional 358 shares in the last quarter. Spire Wealth Management purchased a new stake in shares of Sprott Uranium Miners ETF in the fourth quarter valued at $115,000. Finally, Natixis lifted its position in shares of Sprott Uranium Miners ETF by 21.5% in the fourth quarter. Natixis now owns 4,194 shares of the company’s stock valued at $168,000 after acquiring an additional 741 shares in the last quarter.

Sprott Uranium Miners ETF Stock Down 0.2%

Shares of NYSEARCA:URNM opened at $41.89 on Friday. Sprott Uranium Miners ETF has a 52-week low of $27.60 and a 52-week high of $53.48. The stock’s fifty day simple moving average is $35.37 and its 200-day simple moving average is $38.42. The company has a market capitalization of $1.55 billion, a P/E ratio of 7.70 and a beta of 1.00.

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.