360 Financial Inc. Raises Holdings in VanEck Uranium and Nuclear ETF $NLR

360 Financial Inc. increased its stake in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 6,705.9% in the 3rd quarter, Holdings Channel reports. The firm owned 125,978 shares of the company’s stock after purchasing an additional 124,127 shares during the period. VanEck Uranium and Nuclear ETF accounts for approximately 5.5% of 360 Financial Inc.’s holdings, making the stock its 6th biggest position. 360 Financial Inc.’s holdings in VanEck Uranium and Nuclear ETF were worth $17,089,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NLR. Goldman Sachs Group Inc. raised its position in shares of VanEck Uranium and Nuclear ETF by 468.3% in the first quarter. Goldman Sachs Group Inc. now owns 36,764 shares of the company’s stock valued at $2,694,000 after purchasing an additional 30,295 shares during the period. Empowered Funds LLC acquired a new position in VanEck Uranium and Nuclear ETF in the 1st quarter valued at $653,000. D.A. Davidson & CO. raised its holdings in VanEck Uranium and Nuclear ETF by 7.7% in the 2nd quarter. D.A. Davidson & CO. now owns 5,144 shares of the company’s stock worth $572,000 after acquiring an additional 367 shares during the period. Envestnet Asset Management Inc. raised its holdings in VanEck Uranium and Nuclear ETF by 23.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 33,117 shares of the company’s stock worth $3,682,000 after acquiring an additional 6,296 shares during the period. Finally, Assetmark Inc. lifted its position in VanEck Uranium and Nuclear ETF by 15.1% during the 2nd quarter. Assetmark Inc. now owns 24,541 shares of the company’s stock worth $2,728,000 after acquiring an additional 3,223 shares during the last quarter.

VanEck Uranium and Nuclear ETF Price Performance

NLR stock opened at $149.74 on Friday. The company has a 50-day moving average of $142.25 and a two-hundred day moving average of $135.95. The stock has a market capitalization of $4.79 billion, a price-to-earnings ratio of 26.00 and a beta of 0.75. VanEck Uranium and Nuclear ETF has a 52-week low of $64.26 and a 52-week high of $168.12.

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.