Northwestern Mutual Wealth Management Co. Boosts Stock Position in Sprott Uranium Miners ETF $URNM

Northwestern Mutual Wealth Management Co. lifted its position in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 544.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,187 shares of the company’s stock after buying an additional 12,830 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Sprott Uranium Miners ETF were worth $834,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Anatole Investment Management Ltd raised its holdings in shares of Sprott Uranium Miners ETF by 61.1% in the 3rd quarter. Anatole Investment Management Ltd now owns 1,363,508 shares of the company’s stock valued at $82,397,000 after buying an additional 517,208 shares during the period. Group One Trading LLC raised its holdings in shares of Sprott Uranium Miners ETF by 99.5% in the 2nd quarter. Group One Trading LLC now owns 227,989 shares of the company’s stock valued at $10,928,000 after buying an additional 113,699 shares during the period. Cumberland Partners Ltd purchased a new stake in shares of Sprott Uranium Miners ETF in the 4th quarter valued at $12,334,000. Thrivent Financial for Lutherans raised its holdings in shares of Sprott Uranium Miners ETF by 13.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 138,784 shares of the company’s stock valued at $7,604,000 after buying an additional 16,428 shares during the period. Finally, Trek Financial LLC purchased a new stake in shares of Sprott Uranium Miners ETF in the 4th quarter valued at $7,214,000.

Sprott Uranium Miners ETF Price Performance

URNM opened at $55.78 on Tuesday. Sprott Uranium Miners ETF has a 12 month low of $41.71 and a 12 month high of $84.95. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of 7.69 and a beta of 0.88. The business has a fifty day moving average price of $63.63 and a 200 day moving average price of $64.00.

Sprott Uranium Miners ETF Company Profile

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.