Sprott Uranium Miners ETF (NYSEARCA:URNM – Get Free Report) shares reached a new 52-week low during trading on Wednesday. The company traded as low as $40.20 and last traded at $40.4940, with a volume of 353,969 shares. The stock had previously closed at $41.32.
Sprott Uranium Miners ETF Trading Down 0.8%
The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 7.69 and a beta of 1.07. The stock’s 50 day moving average is $49.22 and its two-hundred day moving average is $58.70.
Hedge Funds Weigh In On Sprott Uranium Miners ETF
Several institutional investors have recently bought and sold shares of the company. Group One Trading LLC purchased a new stake in shares of Sprott Uranium Miners ETF during the 1st quarter worth approximately $36,523,000. Trek Financial LLC increased its stake in Sprott Uranium Miners ETF by 47.5% in the 3rd quarter. Trek Financial LLC now owns 309,713 shares of the company’s stock valued at $14,699,000 after purchasing an additional 99,712 shares in the last quarter. WIT Partners Advisory Pte. Ltd. increased its stake in Sprott Uranium Miners ETF by 383.6% in the 3rd quarter. WIT Partners Advisory Pte. Ltd. now owns 182,548 shares of the company’s stock valued at $8,664,000 after purchasing an additional 144,804 shares in the last quarter. Corecam Pte. Ltd. raised its holdings in Sprott Uranium Miners ETF by 7.9% during the third quarter. Corecam Pte. Ltd. now owns 171,935 shares of the company’s stock worth $8,160,000 after purchasing an additional 12,660 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in Sprott Uranium Miners ETF by 1.1% during the first quarter. Royal Bank of Canada now owns 121,836 shares of the company’s stock worth $7,695,000 after purchasing an additional 1,320 shares during the last quarter.
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.
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