Capital Wealth Alliance LLC Purchases 8,403 Shares of Sprott Uranium Miners ETF $URNM

Capital Wealth Alliance LLC raised its position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 52.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,336 shares of the company’s stock after purchasing an additional 8,403 shares during the period. Sprott Uranium Miners ETF makes up approximately 0.6% of Capital Wealth Alliance LLC’s holdings, making the stock its 29th largest holding. Capital Wealth Alliance LLC owned approximately 0.07% of Sprott Uranium Miners ETF worth $1,166,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Sprott Uranium Miners ETF by 65.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,101 shares of the company’s stock valued at $36,000 after buying an additional 437 shares in the last quarter. Harbour Investments Inc. lifted its holdings in shares of Sprott Uranium Miners ETF by 19.9% in the 2nd quarter. Harbour Investments Inc. now owns 1,265 shares of the company’s stock worth $61,000 after acquiring an additional 210 shares during the last quarter. St. Johns Investment Management Company LLC bought a new position in shares of Sprott Uranium Miners ETF during the 2nd quarter valued at $65,000. Operose Advisors LLC bought a new stake in Sprott Uranium Miners ETF in the first quarter worth $70,000. Finally, Comerica Bank grew its stake in shares of Sprott Uranium Miners ETF by 50.1% during the first quarter. Comerica Bank now owns 3,153 shares of the company’s stock valued at $102,000 after buying an additional 1,053 shares during the last quarter.

Sprott Uranium Miners ETF Price Performance

URNM opened at $58.09 on Thursday. Sprott Uranium Miners ETF has a 1 year low of $27.60 and a 1 year high of $68.55. The stock’s 50 day simple moving average is $55.67 and its 200 day simple moving average is $46.23. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 7.69 and a beta of 1.42.

Sprott Uranium Miners ETF Profile

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.