Valmark Advisers Inc. Takes $6.83 Million Position in VanEck Uranium and Nuclear ETF $NLR

Valmark Advisers Inc. purchased a new stake in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 54,976 shares of the company’s stock, valued at approximately $6,828,000. Valmark Advisers Inc. owned about 0.18% of VanEck Uranium and Nuclear ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of NLR. Adirondack Trust Co. boosted its holdings in shares of VanEck Uranium and Nuclear ETF by 6.7% during the 4th quarter. Adirondack Trust Co. now owns 1,192 shares of the company’s stock valued at $148,000 after acquiring an additional 75 shares in the last quarter. Valley National Advisers Inc. boosted its holdings in shares of VanEck Uranium and Nuclear ETF by 62.1% during the 3rd quarter. Valley National Advisers Inc. now owns 261 shares of the company’s stock valued at $35,000 after acquiring an additional 100 shares in the last quarter. Flagstar Advisors Inc. boosted its holdings in shares of VanEck Uranium and Nuclear ETF by 5.6% during the 4th quarter. Flagstar Advisors Inc. now owns 1,979 shares of the company’s stock valued at $246,000 after acquiring an additional 105 shares in the last quarter. Nova Wealth Management Inc. boosted its holdings in shares of VanEck Uranium and Nuclear ETF by 28.5% during the 4th quarter. Nova Wealth Management Inc. now owns 527 shares of the company’s stock valued at $65,000 after acquiring an additional 117 shares in the last quarter. Finally, Chicago Partners Investment Group LLC boosted its holdings in shares of VanEck Uranium and Nuclear ETF by 3.4% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 3,657 shares of the company’s stock valued at $496,000 after acquiring an additional 120 shares in the last quarter.

VanEck Uranium and Nuclear ETF Stock Up 1.7%

NYSEARCA NLR opened at $141.36 on Wednesday. VanEck Uranium and Nuclear ETF has a twelve month low of $71.19 and a twelve month high of $168.12. The company has a market cap of $4.92 billion, a price-to-earnings ratio of 26.00 and a beta of 0.84. The business’s fifty day moving average is $139.83 and its 200 day moving average is $139.57.

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.