Ascentis Independent Advisors Purchases Shares of 5,860 VanEck Uranium and Nuclear ETF $NLR

Ascentis Independent Advisors purchased a new position in shares of VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) during the 1st quarter, Holdings Channel.com reports. The fund purchased 5,860 shares of the company’s stock, valued at approximately $780,000.

A number of other hedge funds have also recently made changes to their positions in NLR. LPL Financial LLC grew its holdings in shares of VanEck Uranium and Nuclear ETF by 20.1% during the 4th quarter. LPL Financial LLC now owns 1,871,939 shares of the company’s stock valued at $232,495,000 after purchasing an additional 313,143 shares during the last quarter. Morgan Stanley lifted its stake in VanEck Uranium and Nuclear ETF by 17.4% in the fourth quarter. Morgan Stanley now owns 1,133,847 shares of the company’s stock worth $140,824,000 after purchasing an additional 168,224 shares during the last quarter. Bank of America Corp DE boosted its position in VanEck Uranium and Nuclear ETF by 29.9% during the third quarter. Bank of America Corp DE now owns 820,187 shares of the company’s stock valued at $111,258,000 after buying an additional 188,704 shares during the period. Raymond James Financial Inc. boosted its position in VanEck Uranium and Nuclear ETF by 89.6% during the third quarter. Raymond James Financial Inc. now owns 439,573 shares of the company’s stock valued at $59,628,000 after buying an additional 207,770 shares during the period. Finally, Cetera Investment Advisers boosted its position in VanEck Uranium and Nuclear ETF by 23.0% during the fourth quarter. Cetera Investment Advisers now owns 400,689 shares of the company’s stock valued at $49,766,000 after buying an additional 74,961 shares during the period.

VanEck Uranium and Nuclear ETF Trading Down 4.9%

NLR opened at $110.77 on Wednesday. The company has a market cap of $4.02 billion, a P/E ratio of 26.00 and a beta of 0.83. The business’s 50-day moving average price is $128.60 and its 200-day moving average price is $136.27. VanEck Uranium and Nuclear ETF has a 12 month low of $104.05 and a 12 month high of $168.12.

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.