National Bank of Canada FI Sells 5,008 Shares of Sprott Uranium Miners ETF (NYSEARCA:URNM)

National Bank of Canada FI decreased its holdings in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 53.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,422 shares of the company’s stock after selling 5,008 shares during the quarter. National Bank of Canada FI’s holdings in Sprott Uranium Miners ETF were worth $203,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Commons Capital LLC acquired a new stake in shares of Sprott Uranium Miners ETF in the second quarter worth $255,000. Financial Enhancement Group LLC boosted its holdings in Sprott Uranium Miners ETF by 5.6% in the 2nd quarter. Financial Enhancement Group LLC now owns 110,512 shares of the company’s stock valued at $5,442,000 after purchasing an additional 5,910 shares during the period. Whalen Wealth Management Inc. boosted its holdings in Sprott Uranium Miners ETF by 195.7% in the 2nd quarter. Whalen Wealth Management Inc. now owns 13,944 shares of the company’s stock valued at $687,000 after purchasing an additional 9,229 shares during the period. Fielder Capital Group LLC grew its position in Sprott Uranium Miners ETF by 2.8% in the 2nd quarter. Fielder Capital Group LLC now owns 125,143 shares of the company’s stock worth $6,162,000 after purchasing an additional 3,428 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Sprott Uranium Miners ETF by 15.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 75,391 shares of the company’s stock worth $3,712,000 after purchasing an additional 9,856 shares during the period.

Sprott Uranium Miners ETF Stock Down 3.1 %

Sprott Uranium Miners ETF stock opened at $40.76 on Friday. The business has a 50 day moving average price of $43.43 and a two-hundred day moving average price of $48.84. Sprott Uranium Miners ETF has a 12 month low of $36.91 and a 12 month high of $60.17. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 27.29 and a beta of 1.02.

About Sprott Uranium Miners ETF

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.