Belpointe Asset Management LLC Sells 3,298 Shares of VanEck Uranium and Nuclear ETF $NLR

Belpointe Asset Management LLC decreased its stake in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 18.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,572 shares of the company’s stock after selling 3,298 shares during the period. Belpointe Asset Management LLC owned 0.09% of VanEck Uranium and Nuclear ETF worth $1,620,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of NLR. Mayflower Financial Advisors LLC boosted its position in VanEck Uranium and Nuclear ETF by 5.3% during the first quarter. Mayflower Financial Advisors LLC now owns 3,614 shares of the company’s stock valued at $265,000 after purchasing an additional 183 shares during the last quarter. EP Wealth Advisors LLC raised its stake in shares of VanEck Uranium and Nuclear ETF by 28.0% during the 1st quarter. EP Wealth Advisors LLC now owns 1,683 shares of the company’s stock worth $123,000 after purchasing an additional 368 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of VanEck Uranium and Nuclear ETF by 45.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 18,419 shares of the company’s stock valued at $1,999,000 after buying an additional 5,786 shares during the last quarter. Stratos Wealth Partners LTD. bought a new position in shares of VanEck Uranium and Nuclear ETF in the first quarter valued at $208,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of VanEck Uranium and Nuclear ETF by 889.5% in the first quarter. Geneos Wealth Management Inc. now owns 3,869 shares of the company’s stock valued at $283,000 after buying an additional 3,478 shares in the last quarter.

VanEck Uranium and Nuclear ETF Trading Up 2.9%

NYSEARCA NLR opened at $145.48 on Tuesday. The firm’s fifty day moving average price is $123.43 and its two-hundred day moving average price is $103.57. VanEck Uranium and Nuclear ETF has a 1 year low of $64.26 and a 1 year high of $148.15. The firm has a market capitalization of $3.40 billion, a P/E 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.