VanEck Uranium and Nuclear ETF $NLR Shares Acquired by Drake & Associates LLC

Drake & Associates LLC lifted its holdings in shares of VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 20.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,322 shares of the company’s stock after purchasing an additional 4,216 shares during the quarter. VanEck Uranium and Nuclear ETF comprises approximately 0.6% of Drake & Associates LLC’s investment portfolio, making the stock its 19th biggest position. Drake & Associates LLC owned 0.08% of VanEck Uranium and Nuclear ETF worth $3,145,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. LPL Financial LLC lifted its position in VanEck Uranium and Nuclear ETF by 20.1% in the fourth quarter. LPL Financial LLC now owns 1,871,939 shares of the company’s stock valued at $232,495,000 after buying an additional 313,143 shares during the last quarter. Morgan Stanley boosted its stake in VanEck Uranium and Nuclear ETF by 17.4% during the fourth quarter. Morgan Stanley now owns 1,133,847 shares of the company’s stock worth $140,824,000 after buying an additional 168,224 shares during the period. Bank of America Corp DE increased its position in shares of VanEck Uranium and Nuclear ETF by 29.9% during the third quarter. Bank of America Corp DE now owns 820,187 shares of the company’s stock valued at $111,258,000 after acquiring an additional 188,704 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of VanEck Uranium and Nuclear ETF by 89.6% during the third quarter. Raymond James Financial Inc. now owns 439,573 shares of the company’s stock valued at $59,628,000 after acquiring an additional 207,770 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of VanEck Uranium and Nuclear ETF by 23.0% during the fourth quarter. Cetera Investment Advisers now owns 400,689 shares of the company’s stock valued at $49,766,000 after acquiring an additional 74,961 shares during the last quarter.

VanEck Uranium and Nuclear ETF Stock Performance

VanEck Uranium and Nuclear ETF stock opened at $126.94 on Friday. The company’s 50 day simple moving average is $135.00 and its 200-day simple moving average is $137.53. VanEck Uranium and Nuclear ETF has a 1 year low of $104.05 and a 1 year high of $168.12. The company has a market capitalization of $4.52 billion, a price-to-earnings ratio of 26.00 and a beta of 0.81.

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.