Ariose Capital Management Ltd purchased a new stake in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM – Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 29,040 shares of the company’s stock, valued at approximately $1,834,000. Sprott Uranium Miners ETF comprises approximately 1.2% of Ariose Capital Management Ltd’s holdings, making the stock its 13th biggest position.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Longview Financial Advisors Inc. purchased a new position in Sprott Uranium Miners ETF in the 1st quarter worth approximately $32,000. Knuff & Co LLC bought a new position in Sprott Uranium Miners ETF in the 4th quarter valued at approximately $31,000. IFP Advisors Inc purchased a new stake in Sprott Uranium Miners ETF during the 3rd quarter valued at $44,000. Caitlin John LLC boosted its stake in Sprott Uranium Miners ETF by 25.9% during the 4th quarter. Caitlin John LLC now owns 850 shares of the company’s stock valued at $47,000 after purchasing an additional 175 shares during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in Sprott Uranium Miners ETF during the 4th quarter valued at $48,000.
Sprott Uranium Miners ETF Stock Performance
Sprott Uranium Miners ETF stock opened at $52.83 on Friday. Sprott Uranium Miners ETF has a 12 month low of $43.10 and a 12 month high of $84.95. The stock has a fifty day simple moving average of $59.60 and a two-hundred day simple moving average of $63.76. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 7.69 and a beta of 0.91.
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.
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