Sprott Uranium Miners ETF (NYSEARCA:URNM – Get Free Report) shares hit a new 52-week low on Thursday. The stock traded as low as $46.36 and last traded at $46.3410, with a volume of 348644 shares trading hands. The stock had previously closed at $47.87.
Sprott Uranium Miners ETF Stock Down 4.3%
The company has a market capitalization of $1.77 billion, a P/E ratio of 7.69 and a beta of 1.09. The company’s 50-day simple moving average is $53.22 and its 200 day simple moving average is $56.96.
Institutional Investors Weigh In On Sprott Uranium Miners ETF
A number of large investors have recently bought and sold shares of URNM. Menlo Advisors LLC increased its holdings in shares of Sprott Uranium Miners ETF by 0.4% during the 2nd quarter. Menlo Advisors LLC now owns 86,674 shares of the company’s stock valued at $4,558,000 after acquiring an additional 370 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in Sprott Uranium Miners ETF by 11.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,725 shares of the company’s stock worth $354,000 after purchasing an additional 693 shares during the last quarter. Tidal Investments LLC lifted its holdings in Sprott Uranium Miners ETF by 81.8% in the 2nd quarter. Tidal Investments LLC now owns 17,893 shares of the company’s stock worth $941,000 after purchasing an additional 8,053 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in Sprott Uranium Miners ETF during the second quarter worth approximately $107,000. Finally, IFP Advisors Inc boosted its position in Sprott Uranium Miners ETF by 43.7% during the second quarter. IFP Advisors Inc now owns 10,300 shares of the company’s stock worth $542,000 after purchasing an additional 3,132 shares during the period.
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.
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