Ausdal Financial Partners Inc. Boosts Stock Position in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Ausdal Financial Partners Inc. boosted its stake in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 12.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,578 shares of the company’s stock after buying an additional 637 shares during the period. Ausdal Financial Partners Inc.’s holdings in Sprott Uranium Miners ETF were worth $225,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. US Bancorp DE increased its holdings in shares of Sprott Uranium Miners ETF by 17.9% during the fourth quarter. US Bancorp DE now owns 2,358 shares of the company’s stock valued at $95,000 after acquiring an additional 358 shares in the last quarter. Commons Capital LLC grew its position 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 valued at $238,000 after purchasing an additional 388 shares during the last quarter. Menlo Advisors LLC increased its stake in Sprott Uranium Miners ETF by 0.6% during the 4th quarter. Menlo Advisors LLC now owns 90,064 shares of the company’s stock valued at $3,630,000 after purchasing an additional 500 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Sprott Uranium Miners ETF by 5.2% in the fourth quarter. Sequoia Financial Advisors LLC now owns 10,852 shares of the company’s stock worth $437,000 after buying an additional 541 shares during the last quarter. Finally, Principal Securities Inc. lifted its stake in shares of Sprott Uranium Miners ETF by 7.6% in the fourth quarter. Principal Securities Inc. now owns 7,756 shares of the company’s stock worth $313,000 after buying an additional 549 shares in the last quarter.

Sprott Uranium Miners ETF Stock Down 2.6 %

NYSEARCA:URNM opened at $32.46 on Friday. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 6.85 and a beta of 1.14. The company’s 50 day moving average price is $37.34 and its 200-day moving average price is $42.53. Sprott Uranium Miners ETF has a 52 week low of $31.93 and a 52 week high of $60.17.

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.