Corecam AG Boosts Position in Sprott Uranium Miners ETF $URNM

Corecam AG grew its position in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 26.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,560 shares of the company’s stock after acquiring an additional 14,560 shares during the quarter. Sprott Uranium Miners ETF comprises about 3.8% of Corecam AG’s portfolio, making the stock its 10th largest position. Corecam AG owned 0.20% of Sprott Uranium Miners ETF worth $4,445,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in URNM. Perigon Wealth Management LLC bought a new stake in Sprott Uranium Miners ETF in the fourth quarter worth about $948,000. Financial Enhancement Group LLC bought a new position in shares of Sprott Uranium Miners ETF during the fourth quarter valued at approximately $1,854,000. Foundations Investment Advisors LLC purchased a new stake in shares of Sprott Uranium Miners ETF in the fourth quarter worth approximately $1,249,000. Brookstone Capital Management raised its holdings in shares of Sprott Uranium Miners ETF by 62.3% in the fourth quarter. Brookstone Capital Management now owns 25,732 shares of the company’s stock worth $1,412,000 after buying an additional 9,882 shares during the period. Finally, Trek Financial LLC purchased a new stake in shares of Sprott Uranium Miners ETF in the fourth quarter worth approximately $7,214,000.

Sprott Uranium Miners ETF Stock Performance

Shares of URNM stock opened at $53.26 on Friday. The stock has a 50 day moving average price of $61.59 and a 200 day moving average price of $64.03. Sprott Uranium Miners ETF has a 52-week low of $43.10 and a 52-week high of $84.95. The firm has a market capitalization of $1.92 billion, a P/E ratio of 7.69 and a beta of 0.88.

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.