Cresset Asset Management LLC Raises Stock Position in VanEck Uranium and Nuclear ETF $NLR

Cresset Asset Management LLC grew its holdings in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 49.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,824 shares of the company’s stock after acquiring an additional 6,547 shares during the period. Cresset Asset Management LLC’s holdings in VanEck Uranium and Nuclear ETF were worth $1,453,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Twin Focus Capital Partners LLC purchased a new position in shares of VanEck Uranium and Nuclear ETF in the 1st quarter valued at $264,000. Trivium Point Advisory LLC raised its stake in shares of VanEck Uranium and Nuclear ETF by 6.1% in the 1st quarter. Trivium Point Advisory LLC now owns 31,044 shares of the company’s stock valued at $2,275,000 after acquiring an additional 1,794 shares during the period. HighTower Advisors LLC raised its stake in shares of VanEck Uranium and Nuclear ETF by 1.6% in the 1st quarter. HighTower Advisors LLC now owns 14,274 shares of the company’s stock valued at $1,046,000 after acquiring an additional 225 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in shares of VanEck Uranium and Nuclear ETF by 15.3% in the 1st quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 11,132 shares of the company’s stock valued at $824,000 after acquiring an additional 1,475 shares during the period. Finally, Simplex Trading LLC raised its stake in shares of VanEck Uranium and Nuclear ETF by 34.3% in the 1st quarter. Simplex Trading LLC now owns 3,047 shares of the company’s stock valued at $223,000 after acquiring an additional 779 shares during the period.

VanEck Uranium and Nuclear ETF Trading Down 1.2%

Shares of NLR stock opened at $108.69 on Thursday. The company’s fifty day simple moving average is $112.59 and its 200-day simple moving average is $93.22. VanEck Uranium and Nuclear ETF has a 52 week low of $64.26 and a 52 week high of $122.27. The company has a market cap of $1.93 billion, a PE ratio of 26.00 and a beta of 0.60.

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.