Trek Financial LLC Purchases Shares of 131,424 Sprott Uranium Miners ETF $URNM

Trek Financial LLC acquired a new position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 131,424 shares of the company’s stock, valued at approximately $7,214,000. Trek Financial LLC owned 0.40% of Sprott Uranium Miners ETF at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of URNM. Comerica Bank grew its stake in Sprott Uranium Miners ETF by 50.1% during the 1st quarter. Comerica Bank now owns 3,153 shares of the company’s stock worth $102,000 after purchasing an additional 1,053 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of Sprott Uranium Miners ETF by 127.5% in the 1st quarter. Royal Bank of Canada now owns 86,993 shares of the company’s stock valued at $2,822,000 after buying an additional 48,746 shares during the period. NewEdge Advisors LLC grew its position in shares of Sprott Uranium Miners ETF by 96.8% during the first quarter. NewEdge Advisors LLC now owns 5,648 shares of the company’s stock worth $183,000 after buying an additional 2,778 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Sprott Uranium Miners ETF by 3.1% during the first quarter. Goldman Sachs Group Inc. now owns 88,542 shares of the company’s stock worth $2,872,000 after buying an additional 2,687 shares in the last quarter. Finally, Cerity Partners LLC purchased a new stake in shares of Sprott Uranium Miners ETF during the second quarter worth approximately $431,000.

Sprott Uranium Miners ETF Stock Up 4.9%

Shares of NYSEARCA:URNM opened at $68.19 on Tuesday. Sprott Uranium Miners ETF has a fifty-two week low of $35.93 and a fifty-two week high of $84.95. The firm’s 50 day moving average price is $65.67 and its 200 day moving average price is $63.71. The stock has a market cap of $2.46 billion, a price-to-earnings ratio of 7.69 and a beta of 0.93.

About Sprott Uranium Miners ETF

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.