Cetera Investment Advisers Buys 19,597 Shares of Sprott Uranium Miners ETF $URNM

Cetera Investment Advisers grew its stake in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 22.5% in the first quarter, Holdings Channel reports. The institutional investor owned 106,742 shares of the company’s stock after purchasing an additional 19,597 shares during the period. Cetera Investment Advisers’ holdings in Sprott Uranium Miners ETF were worth $6,741,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Anatole Investment Management Ltd bought a new position in Sprott Uranium Miners ETF during the second quarter valued at about $40,563,000. Cumberland Partners Ltd bought a new stake in shares of Sprott Uranium Miners ETF in the 4th quarter worth approximately $12,334,000. Acorn Financial Advisory Services Inc. ADV acquired a new stake in shares of Sprott Uranium Miners ETF during the 1st quarter worth approximately $13,258,000. Trek Financial LLC acquired a new stake in shares of Sprott Uranium Miners ETF during the 4th quarter worth approximately $7,214,000. Finally, Kingsview Wealth Management LLC acquired a new stake in shares of Sprott Uranium Miners ETF during the 4th quarter worth approximately $6,631,000.

Sprott Uranium Miners ETF Trading Down 1.8%

URNM opened at $48.57 on Friday. The stock’s 50 day simple moving average is $54.09 and its 200-day simple moving average is $62.75. The stock has a market cap of $1.77 billion, a PE ratio of 7.69 and a beta of 0.91. Sprott Uranium Miners ETF has a 1 year low of $43.10 and a 1 year high of $84.95.

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.