Capital Wealth Alliance LLC Sells 4,443 Shares of Sprott Uranium Miners ETF (NYSEARCA:URNM)

Capital Wealth Alliance LLC lessened its holdings in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 13.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 27,555 shares of the company’s stock after selling 4,443 shares during the period. Capital Wealth Alliance LLC’s holdings in Sprott Uranium Miners ETF were worth $1,111,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Global Trust Asset Management LLC purchased a new stake in Sprott Uranium Miners ETF during the third quarter valued at about $28,000. Capital Performance Advisors LLP bought a new position in shares of Sprott Uranium Miners ETF in the 3rd quarter worth about $65,000. Spire Wealth Management purchased a new stake in shares of Sprott Uranium Miners ETF in the 4th quarter worth approximately $115,000. Chicago Partners Investment Group LLC bought a new position in shares of Sprott Uranium Miners ETF during the third quarter valued at $209,000. Finally, Vontobel Holding Ltd. lifted its stake in shares of Sprott Uranium Miners ETF by 5.1% in the third quarter. Vontobel Holding Ltd. now owns 5,161 shares of the company’s stock worth $237,000 after buying an additional 249 shares in the last quarter.

Sprott Uranium Miners ETF Stock Performance

URNM opened at $40.13 on Tuesday. The stock has a market capitalization of $1.31 billion, a P/E ratio of 27.29 and a beta of 1.02. The company’s 50-day simple moving average is $42.39 and its two-hundred day simple moving average is $44.01. Sprott Uranium Miners ETF has a 52-week low of $36.91 and a 52-week high of $60.17.

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.