StoneCrest Wealth Management Inc. Trims Stake in VanEck Uranium and Nuclear ETF $NLR

StoneCrest Wealth Management Inc. lowered its position in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 10.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 38,626 shares of the company’s stock after selling 4,433 shares during the period. VanEck Uranium and Nuclear ETF accounts for about 1.4% of StoneCrest Wealth Management Inc.’s investment portfolio, making the stock its 28th largest holding. StoneCrest Wealth Management Inc. owned about 0.11% of VanEck Uranium and Nuclear ETF worth $4,480,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in NLR. Goldman Sachs Group Inc. boosted its position in shares of VanEck Uranium and Nuclear ETF by 468.3% during the first quarter. Goldman Sachs Group Inc. now owns 36,764 shares of the company’s stock valued at $2,694,000 after purchasing an additional 30,295 shares in the last quarter. Empowered Funds LLC bought a new position in VanEck Uranium and Nuclear ETF in the first quarter worth $653,000. JPMorgan Chase & Co. lifted its position in VanEck Uranium and Nuclear ETF by 197.5% during the second quarter. JPMorgan Chase & Co. now owns 592 shares of the company’s stock valued at $66,000 after buying an additional 393 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of VanEck Uranium and Nuclear ETF by 60.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,100 shares of the company’s stock valued at $122,000 after buying an additional 413 shares in the last quarter. Finally, Walleye Capital LLC purchased a new stake in shares of VanEck Uranium and Nuclear ETF in the 2nd quarter worth about $440,000.

VanEck Uranium and Nuclear ETF Price Performance

Shares of NYSEARCA NLR opened at $117.82 on Monday. VanEck Uranium and Nuclear ETF has a 1 year low of $101.92 and a 1 year high of $168.12. The stock has a market cap of $4.18 billion, a P/E ratio of 26.00 and a beta of 0.85. The firm has a 50-day moving average of $116.37 and a 200 day moving average of $132.29.

VanEck Uranium and Nuclear ETF Company Profile

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.