VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) Reaches New 52-Week High – Here’s Why

Shares of VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) reached a new 52-week high on Monday . The company traded as high as $102.15 and last traded at $102.00, with a volume of 234310 shares trading hands. The stock had previously closed at $99.66.

VanEck Uranium and Nuclear ETF Stock Up 2.8%

The company’s 50 day moving average price is $82.79 and its two-hundred day moving average price is $84.35. The firm has a market cap of $1.31 billion, a PE ratio of 17.78 and a beta of 0.59.

Hedge Funds Weigh In On VanEck Uranium and Nuclear ETF

Large investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its stake in VanEck Uranium and Nuclear ETF by 374.9% in the fourth quarter. Bank of America Corp DE now owns 519,542 shares of the company’s stock worth $42,260,000 after acquiring an additional 410,153 shares during the period. LPL Financial LLC lifted its holdings in shares of VanEck Uranium and Nuclear ETF by 88.3% during the 1st quarter. LPL Financial LLC now owns 753,776 shares of the company’s stock valued at $55,229,000 after purchasing an additional 353,416 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of VanEck Uranium and Nuclear ETF in the 4th quarter worth $15,859,000. Stifel Financial Corp grew its stake in VanEck Uranium and Nuclear ETF by 1,247.1% during the 4th quarter. Stifel Financial Corp now owns 154,513 shares of the company’s stock worth $12,568,000 after buying an additional 143,043 shares during the last quarter. Finally, Jane Street Group LLC increased its position in VanEck Uranium and Nuclear ETF by 244.5% during the 1st quarter. Jane Street Group LLC now owns 181,432 shares of the company’s stock valued at $13,294,000 after buying an additional 128,766 shares in the last quarter.

VanEck Uranium and Nuclear 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.