Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Trading Up 3.7% – Still a Buy?

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) rose 3.7% on Friday . The company traded as high as $24.65 and last traded at $24.31. 275,960 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 409,909 shares. The stock had previously closed at $23.45.

Sprott Junior Uranium Miners ETF Price Performance

The stock has a 50-day moving average price of $23.82 and a 200 day moving average price of $28.77.

Institutional Investors Weigh In On Sprott Junior Uranium Miners ETF

Institutional investors have recently modified their holdings of the company. Kingsview Wealth Management LLC acquired a new stake in shares of Sprott Junior Uranium Miners ETF in the 4th quarter worth approximately $6,404,000. Banco BTG Pactual S.A. acquired a new position in Sprott Junior Uranium Miners ETF during the fourth quarter worth $3,926,000. One Plus One Wealth Management LLC boosted its position in Sprott Junior Uranium Miners ETF by 132.6% during the first quarter. One Plus One Wealth Management LLC now owns 154,822 shares of the company’s stock worth $4,535,000 after purchasing an additional 88,256 shares in the last quarter. National Bank of Canada FI boosted its position in Sprott Junior Uranium Miners ETF by 68.5% during the third quarter. National Bank of Canada FI now owns 92,602 shares of the company’s stock worth $2,680,000 after purchasing an additional 37,653 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in Sprott Junior Uranium Miners ETF by 18.1% in the first quarter. Cetera Investment Advisers now owns 69,662 shares of the company’s stock valued at $2,040,000 after purchasing an additional 10,659 shares during the last quarter.

Sprott Junior Uranium Miners ETF Company Profile

The Sprott Junior Uranium Miners ETF (URNJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Uranium Miners index. The fund seeks to track an index of small cap uranium miners around the globe, primarily those with revenues tied to the uranium mining and uranium industry. Securities are selected using a fundamental, proprietary methodology and weighted by market cap. URNJ was launched on Dec 3, 2019 and is managed by Sprott.