VanEck Uranium and Nuclear ETF $NLR Stock: Steele Capital Management Inc. Cuts Position

Steele Capital Management Inc. reduced its position in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 28.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 28,369 shares of the company’s stock after selling 11,116 shares during the quarter. Steele Capital Management Inc.’s holdings in VanEck Uranium and Nuclear ETF were worth $2,935,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of NLR. Kestra Advisory Services LLC raised its holdings in VanEck Uranium and Nuclear ETF by 17.5% in the third quarter. Kestra Advisory Services LLC now owns 39,844 shares of the company’s stock valued at $4,122,000 after buying an additional 5,922 shares during the period. REAP Financial Group LLC acquired a new position in VanEck Uranium and Nuclear ETF during the third quarter valued at approximately $88,000. Quadcap Wealth Management LLC lifted its position in VanEck Uranium and Nuclear ETF by 3.8% during the third quarter. Quadcap Wealth Management LLC now owns 45,292 shares of the company’s stock valued at $4,686,000 after buying an additional 1,642 shares in the last quarter. Tucker Asset Management LLC lifted its position in VanEck Uranium and Nuclear ETF by 9.3% during the third quarter. Tucker Asset Management LLC now owns 7,590 shares of the company’s stock valued at $785,000 after buying an additional 644 shares in the last quarter. Finally, Certified Advisory Corp grew its stake in VanEck Uranium and Nuclear ETF by 12.0% during the third quarter. Certified Advisory Corp now owns 17,985 shares of the company’s stock worth $1,861,000 after buying an additional 1,926 shares during the period.

VanEck Uranium and Nuclear ETF Stock Down 4.0%

NLR opened at $84.71 on Friday. VanEck Uranium and Nuclear ETF has a 52-week low of $83.01 and a 52-week high of $165.21. The company has a 50 day moving average of $104.15 and a two-hundred day moving average of $124.43. The company has a market cap of $2.85 billion, a P/E ratio of 26.89 and a beta of 0.90.

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.