Global Strategic Management Inc. Purchases New Shares in Sprott Uranium Miners ETF $URNM

Global Strategic Management Inc. acquired a new stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 18,180 shares of the company’s stock, valued at approximately $864,000. Sprott Uranium Miners ETF comprises about 0.6% of Global Strategic Management Inc.’s investment portfolio, making the stock its 23rd biggest position.

Several other large investors also recently modified their holdings of URNM. Group One Trading LLC bought a new position in Sprott Uranium Miners ETF during the first quarter worth $36,523,000. Acorn Financial Advisory Services Inc. ADV bought a new stake in Sprott Uranium Miners ETF during the first quarter valued at $13,258,000. Royal Bank of Canada boosted its position in Sprott Uranium Miners ETF by 1.1% during the first quarter. Royal Bank of Canada now owns 121,836 shares of the company’s stock valued at $7,695,000 after acquiring an additional 1,320 shares during the last quarter. One Plus One Wealth Management LLC boosted its position in Sprott Uranium Miners ETF by 53.3% during the first quarter. One Plus One Wealth Management LLC now owns 120,905 shares of the company’s stock valued at $7,635,000 after acquiring an additional 42,062 shares during the last quarter. Finally, Brandywine Financial Group acquired a new stake in Sprott Uranium Miners ETF during the 1st quarter worth about $7,053,000.

Sprott Uranium Miners ETF Trading Up 3.2%

URNM stock opened at $43.78 on Friday. The stock has a 50-day moving average price of $52.47 and a 200-day moving average price of $56.30. Sprott Uranium Miners ETF has a 1-year low of $41.36 and a 1-year high of $84.95. The firm has a market cap of $1.71 billion, a PE ratio of 7.69 and a beta of 1.09.

Sprott Uranium Miners ETF Company 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.