PFG Investments LLC Acquires New Stake in Sprott Uranium Miners ETF (NYSEARCA:URNM)

PFG Investments LLC acquired a new stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) during the 1st quarter, Holdings Channel reports. The fund acquired 13,688 shares of the company’s stock, valued at approximately $675,000.

Several other institutional investors have also added to or reduced their stakes in URNM. NBC Securities Inc. bought a new stake in Sprott Uranium Miners ETF in the 1st quarter valued at $34,000. Anchor Investment Management LLC bought a new stake in Sprott Uranium Miners ETF in the 4th quarter valued at $35,000. Trivant Custom Portfolio Group LLC bought a new stake in Sprott Uranium Miners ETF in the 3rd quarter valued at $42,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Sprott Uranium Miners ETF in the 4th quarter valued at $71,000. Finally, SRS Capital Advisors Inc. acquired a new stake in Sprott Uranium Miners ETF in the 3rd quarter valued at $88,000.

Sprott Uranium Miners ETF Price Performance

URNM stock traded up $1.59 during midday trading on Monday, hitting $52.60. The company’s stock had a trading volume of 380,187 shares, compared to its average volume of 714,708. Sprott Uranium Miners ETF has a twelve month low of $28.79 and a twelve month high of $58.96. The company’s fifty day moving average price is $49.93 and its 200 day moving average price is $49.65. The stock has a market capitalization of $1.69 billion, a P/E ratio of 26.97 and a beta of 0.95.

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.