Quadcap Wealth Management LLC Invests $1.29 Million in VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLR)

Quadcap Wealth Management LLC purchased a new position in shares of VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLR) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 15,908 shares of the company’s stock, valued at approximately $1,294,000.

Other hedge funds have also made changes to their positions in the company. SOA Wealth Advisors LLC. acquired a new stake in shares of VanEck Uranium+Nuclear Energy ETF during the fourth quarter worth about $28,000. Geneos Wealth Management Inc. lifted its position in shares of VanEck Uranium+Nuclear Energy ETF by 150.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 391 shares of the company’s stock worth $32,000 after purchasing an additional 235 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new stake in shares of VanEck Uranium+Nuclear Energy ETF during the fourth quarter worth about $34,000. Bank of Montreal Can increased its stake in shares of VanEck Uranium+Nuclear Energy ETF by 107.4% during the fourth quarter. Bank of Montreal Can now owns 419 shares of the company’s stock worth $34,000 after buying an additional 217 shares during the period. Finally, New Wave Wealth Advisors LLC purchased a new stake in shares of VanEck Uranium+Nuclear Energy ETF during the fourth quarter worth approximately $36,000.

VanEck Uranium+Nuclear Energy ETF Stock Performance

NLR stock opened at $87.78 on Thursday. The company’s 50 day moving average price is $76.81 and its 200 day moving average price is $83.99. VanEck Uranium+Nuclear Energy ETF has a fifty-two week low of $64.26 and a fifty-two week high of $97.89. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 18.28 and a beta of 0.59.

VanEck Uranium+Nuclear Energy ETF Company Profile

The VanEck Uranium+Nuclear Energy ETF (NLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.