Walser Wealth Management Company A Ltd Liability Co Raises Stake in Sprott Uranium Miners ETF $URNM

Walser Wealth Management Company A Ltd Liability Co lifted its position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 191.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,136 shares of the company’s stock after acquiring an additional 43,473 shares during the period. Sprott Uranium Miners ETF makes up approximately 1.9% of Walser Wealth Management Company A Ltd Liability Co’s portfolio, making the stock its 6th largest position. Walser Wealth Management Company A Ltd Liability Co’s holdings in Sprott Uranium Miners ETF were worth $4,177,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in URNM. Anatole Investment Management Ltd lifted its position in Sprott Uranium Miners ETF by 61.1% in the 3rd quarter. Anatole Investment Management Ltd now owns 1,363,508 shares of the company’s stock valued at $82,397,000 after acquiring an additional 517,208 shares in the last quarter. LPL Financial LLC raised its stake in shares of Sprott Uranium Miners ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 276,252 shares of the company’s stock worth $15,163,000 after purchasing an additional 5,884 shares during the last quarter. Group One Trading LLC raised its stake in shares of Sprott Uranium Miners ETF by 99.5% in the second quarter. Group One Trading LLC now owns 227,989 shares of the company’s stock worth $10,928,000 after purchasing an additional 113,699 shares during the last quarter. Cumberland Partners Ltd bought a new position in shares of Sprott Uranium Miners ETF during the fourth quarter valued at $12,334,000. Finally, Acorn Financial Advisory Services Inc. ADV bought a new position in shares of Sprott Uranium Miners ETF during the first quarter valued at $13,258,000.

Sprott Uranium Miners ETF Price Performance

Shares of Sprott Uranium Miners ETF stock traded down $3.18 during trading on Tuesday, hitting $50.38. 365,878 shares of the company’s stock traded hands, compared to its average volume of 848,526. Sprott Uranium Miners ETF has a 1 year low of $43.10 and a 1 year high of $84.95. The business has a 50-day simple moving average of $59.60 and a 200-day simple moving average of $63.82. The stock has a market capitalization of $1.83 billion, a P/E ratio of 7.69 and a beta of 0.91.

Sprott Uranium Miners ETF 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.