Quadcap Wealth Management LLC Trims Stake in VanEck Uranium and Nuclear ETF $NLR

Quadcap Wealth Management LLC lessened its position in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 19.8% in the 1st quarter, Holdings Channel.com reports. The fund owned 42,436 shares of the company’s stock after selling 10,455 shares during the period. Quadcap Wealth Management LLC’s holdings in VanEck Uranium and Nuclear ETF were worth $5,652,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. WPG Advisers LLC boosted its position in shares of VanEck Uranium and Nuclear ETF by 700.0% during the fourth quarter. WPG Advisers LLC now owns 200 shares of the company’s stock valued at $25,000 after buying an additional 175 shares during the period. CENTRAL TRUST Co bought a new position in VanEck Uranium and Nuclear ETF in the 1st quarter valued at $30,000. Advantage Trust Co bought a new position in VanEck Uranium and Nuclear ETF in the 4th quarter valued at $34,000. Nalls Sherbakoff Group LLC purchased a new stake in VanEck Uranium and Nuclear ETF in the fourth quarter worth $35,000. Finally, Bangor Savings Bank purchased a new stake in VanEck Uranium and Nuclear ETF in the fourth quarter worth $35,000.

VanEck Uranium and Nuclear ETF Trading Down 3.0%

NYSEARCA:NLR opened at $108.10 on Friday. VanEck Uranium and Nuclear ETF has a twelve month low of $101.92 and a twelve month high of $168.12. The company has a market cap of $3.87 billion, a price-to-earnings ratio of 26.00 and a beta of 0.83. The stock has a fifty day simple moving average of $120.39 and a 200-day simple moving average of $134.59.

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.