Perennial Investment Advisors LLC Buys Shares of 5,739 VanEck Uranium and Nuclear ETF $NLR

Perennial Investment Advisors LLC purchased a new position in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,739 shares of the company’s stock, valued at approximately $779,000.

A number of other hedge funds also recently made changes to their positions in the stock. Pandora Wealth Inc. purchased a new stake in VanEck Uranium and Nuclear ETF during the third quarter valued at about $31,000. Valley National Advisers Inc. increased its position in shares of VanEck Uranium and Nuclear ETF by 62.1% during the 3rd quarter. Valley National Advisers Inc. now owns 261 shares of the company’s stock valued at $35,000 after purchasing an additional 100 shares during the last quarter. GPS Wealth Strategies Group LLC increased its position in shares of VanEck Uranium and Nuclear ETF by 62.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 363 shares of the company’s stock valued at $40,000 after purchasing an additional 139 shares during the last quarter. Cheviot Value Management LLC purchased a new position in shares of VanEck Uranium and Nuclear ETF during the 2nd quarter valued at about $40,000. Finally, Atlantic Union Bankshares Corp lifted its position in VanEck Uranium and Nuclear ETF by 250.0% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 350 shares of the company’s stock worth $47,000 after buying an additional 250 shares during the last quarter.

VanEck Uranium and Nuclear ETF Price Performance

Shares of NLR opened at $136.01 on Friday. VanEck Uranium and Nuclear ETF has a 1 year low of $64.26 and a 1 year high of $168.12. The stock has a 50 day simple moving average of $144.18 and a two-hundred day simple moving average of $137.11. The firm has a market cap of $4.36 billion, a P/E ratio of 26.00 and a beta of 0.75.

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.