Foundations Investment Advisors LLC Takes $1.25 Million Position in Sprott Uranium Miners ETF $URNM

Foundations Investment Advisors LLC acquired a new stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 22,763 shares of the company’s stock, valued at approximately $1,249,000. Foundations Investment Advisors LLC owned about 0.07% of Sprott Uranium Miners ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Knuff & Co LLC bought a new stake in Sprott Uranium Miners ETF in the fourth quarter valued at about $31,000. Fifth Third Bancorp bought a new stake in Sprott Uranium Miners ETF in the third quarter valued at about $33,000. Caitlin John LLC bought a new stake in Sprott Uranium Miners ETF in the third quarter valued at about $41,000. Assetmark Inc. increased its holdings in Sprott Uranium Miners ETF by 2,364.3% in the third quarter. Assetmark Inc. now owns 690 shares of the company’s stock valued at $42,000 after purchasing an additional 662 shares during the last quarter. Finally, IFP Advisors Inc bought a new stake in Sprott Uranium Miners ETF in the third quarter valued at about $44,000.

Sprott Uranium Miners ETF Trading Down 0.1%

NYSEARCA URNM opened at $61.28 on Friday. The stock has a 50-day simple moving average of $63.67 and a 200 day simple moving average of $63.74. The company has a market capitalization of $2.21 billion, a PE ratio of 7.69 and a beta of 0.93. Sprott Uranium Miners ETF has a 12 month low of $39.24 and a 12 month high of $84.95.

Sprott Uranium Miners ETF 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.