Sprott Uranium Miners ETF (NYSEARCA:URNM) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. trimmed its holdings in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 7.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,563 shares of the company’s stock after selling 5,743 shares during the quarter. Envestnet Asset Management Inc. owned about 0.22% of Sprott Uranium Miners ETF worth $3,573,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. NBC Securities Inc. acquired a new position in shares of Sprott Uranium Miners ETF during the first quarter worth about $34,000. International Assets Investment Management LLC acquired a new position in shares of Sprott Uranium Miners ETF during the 2nd quarter valued at about $89,000. ORG Partners LLC acquired a new position in Sprott Uranium Miners ETF during the second quarter worth approximately $132,000. MONECO Advisors LLC acquired a new position in Sprott Uranium Miners ETF in the fourth quarter valued at $213,000. Finally, Ausdal Financial Partners Inc. acquired a new position in shares of Sprott Uranium Miners ETF in the 2nd quarter valued at about $222,000.

Sprott Uranium Miners ETF Stock Performance

URNM opened at $47.79 on Thursday. Sprott Uranium Miners ETF has a 1 year low of $36.91 and a 1 year high of $60.17. The firm has a 50 day moving average price of $42.20 and a 200 day moving average price of $48.50. The company has a market cap of $1.56 billion, a PE 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.