Kraft Davis & Associates LLC Lowers Holdings in VanEck Uranium and Nuclear ETF $NLR

Kraft Davis & Associates LLC trimmed its stake in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 89.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,793 shares of the company’s stock after selling 32,876 shares during the quarter. Kraft Davis & Associates LLC’s holdings in VanEck Uranium and Nuclear ETF were worth $419,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its position in shares of VanEck Uranium and Nuclear ETF by 468.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 36,764 shares of the company’s stock worth $2,694,000 after purchasing an additional 30,295 shares during the last quarter. Empowered Funds LLC purchased a new stake in VanEck Uranium and Nuclear ETF during the 1st quarter valued at about $653,000. JPMorgan Chase & Co. grew its position in VanEck Uranium and Nuclear ETF by 197.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 592 shares of the company’s stock valued at $66,000 after purchasing an additional 393 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in VanEck Uranium and Nuclear ETF by 60.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,100 shares of the company’s stock valued at $122,000 after purchasing an additional 413 shares in the last quarter. Finally, Walleye Capital LLC bought a new stake in VanEck Uranium and Nuclear ETF during the 2nd quarter valued at about $440,000.

VanEck Uranium and Nuclear ETF Stock Performance

Shares of VanEck Uranium and Nuclear ETF stock opened at $116.99 on Tuesday. The stock has a market capitalization of $4.16 billion, a PE ratio of 26.00 and a beta of 0.85. VanEck Uranium and Nuclear ETF has a 52-week low of $101.92 and a 52-week high of $168.12. The company has a 50-day simple moving average of $116.07 and a two-hundred day simple moving average of $132.08.

About VanEck Uranium and Nuclear ETF

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.