Moran Wealth Management LLC Grows Stake in VanEck Uranium and Nuclear ETF $NLR

Moran Wealth Management LLC increased its stake in shares of VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 80.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,575 shares of the company’s stock after purchasing an additional 6,511 shares during the period. Moran Wealth Management LLC’s holdings in VanEck Uranium and Nuclear ETF were worth $1,941,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. WPG Advisers LLC increased its stake in VanEck Uranium and Nuclear ETF by 700.0% during the 4th quarter. WPG Advisers LLC now owns 200 shares of the company’s stock worth $25,000 after buying an additional 175 shares in the last quarter. CENTRAL TRUST Co purchased a new position in shares of VanEck Uranium and Nuclear ETF in the first quarter valued at approximately $30,000. Advantage Trust Co acquired a new stake in shares of VanEck Uranium and Nuclear ETF in the fourth quarter worth approximately $34,000. Nalls Sherbakoff Group LLC acquired a new stake in shares of VanEck Uranium and Nuclear ETF in the fourth quarter worth approximately $35,000. Finally, Bangor Savings Bank purchased a new stake in shares of VanEck Uranium and Nuclear ETF during the fourth quarter worth approximately $35,000.

VanEck Uranium and Nuclear ETF Stock Performance

Shares of NLR opened at $114.93 on Monday. The stock has a 50 day moving average price of $129.86 and a 200 day moving average price of $136.42. VanEck Uranium and Nuclear ETF has a one year low of $104.05 and a one year high of $168.12. The stock has a market capitalization of $4.17 billion, a price-to-earnings ratio of 26.00 and a beta of 0.83.

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.