Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Sets New 12-Month High – Time to Buy?

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $38.23 and last traded at $38.5450, with a volume of 25391 shares traded. The stock had previously closed at $36.57.

Sprott Junior Uranium Miners ETF Price Performance

The company’s 50 day moving average is $27.95 and its 200-day moving average is $26.44.

Sprott Junior Uranium Miners ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Monday, December 22nd. Investors of record on Thursday, December 18th were paid a $1.659 dividend. The ex-dividend date was Thursday, December 18th. This represents a dividend yield of 698.0%.

Hedge Funds Weigh In On Sprott Junior Uranium Miners ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. National Bank of Canada FI raised its position in shares of Sprott Junior Uranium Miners ETF by 68.5% in the 3rd quarter. National Bank of Canada FI now owns 92,602 shares of the company’s stock worth $2,680,000 after purchasing an additional 37,653 shares during the last quarter. Cetera Investment Advisers increased its stake in Sprott Junior Uranium Miners ETF by 111.4% during the 2nd quarter. Cetera Investment Advisers now owns 78,218 shares of the company’s stock valued at $1,653,000 after purchasing an additional 41,210 shares in the last quarter. One Plus One Wealth Management LLC raised its holdings in Sprott Junior Uranium Miners ETF by 19.6% in the fourth quarter. One Plus One Wealth Management LLC now owns 66,566 shares of the company’s stock worth $1,677,000 after buying an additional 10,922 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Sprott Junior Uranium Miners ETF by 1.6% in the third quarter. NewEdge Advisors LLC now owns 53,672 shares of the company’s stock worth $1,565,000 after buying an additional 870 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of Sprott Junior Uranium Miners ETF in the third quarter worth approximately $995,000.

Sprott Junior Uranium Miners ETF Company Profile

The Sprott Junior Uranium Miners ETF (URNJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Uranium Miners index. The fund seeks to track an index of small cap uranium miners around the globe, primarily those with revenues tied to the uranium mining and uranium industry. Securities are selected using a fundamental, proprietary methodology and weighted by market cap. URNJ was launched on Dec 3, 2019 and is managed by Sprott.