Shares of Sprott Uranium Miners ETF (NYSEARCA:URNM – Get Free Report) saw strong trading volume on Thursday . 1,605,386 shares changed hands during mid-day trading, an increase of 166% from the previous session’s volume of 602,784 shares.The stock last traded at $39.92 and had previously closed at $41.04.
Sprott Uranium Miners ETF Price Performance
The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 27.29 and a beta of 1.02. The firm’s fifty day moving average price is $42.68 and its two-hundred day moving average price is $44.11.
Hedge Funds Weigh In On Sprott Uranium Miners ETF
A number of large investors have recently modified their holdings of the company. Petra Financial Advisors Inc. raised its holdings in Sprott Uranium Miners ETF by 0.7% during the third quarter. Petra Financial Advisors Inc. now owns 32,896 shares of the company’s stock worth $1,509,000 after buying an additional 213 shares during the last quarter. Vontobel Holding Ltd. raised its holdings in shares of Sprott Uranium Miners ETF by 5.1% in the 3rd quarter. Vontobel Holding Ltd. now owns 5,161 shares of the company’s stock worth $237,000 after acquiring an additional 249 shares during the last quarter. Truist Financial Corp lifted its position in Sprott Uranium Miners ETF by 5.0% in the 2nd quarter. Truist Financial Corp now owns 5,763 shares of the company’s stock valued at $284,000 after acquiring an additional 275 shares in the last quarter. US Bancorp DE boosted its stake in Sprott Uranium Miners ETF by 17.9% during the 4th quarter. US Bancorp DE now owns 2,358 shares of the company’s stock valued at $95,000 after purchasing an additional 358 shares during the last quarter. Finally, Commons Capital LLC increased its holdings in Sprott Uranium Miners ETF by 7.0% during the 4th quarter. Commons Capital LLC now owns 5,910 shares of the company’s stock worth $238,000 after purchasing an additional 388 shares in the last quarter.
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.
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