Sprott Uranium Miners ETF (NYSEARCA:URNM) Shares Sold by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. decreased its position in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 0.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 69,900 shares of the company’s stock after selling 294 shares during the quarter. Sprott Uranium Miners ETF comprises about 3.6% of Stegent Equity Advisors Inc.’s holdings, making the stock its 8th largest position. Stegent Equity Advisors Inc. owned 0.21% of Sprott Uranium Miners ETF worth $3,442,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. purchased a new stake in Sprott Uranium Miners ETF in the 1st quarter valued at about $34,000. International Assets Investment Management LLC purchased a new stake in Sprott Uranium Miners ETF in the 2nd quarter valued at about $89,000. Cullen Frost Bankers Inc. purchased a new stake in Sprott Uranium Miners ETF in the 4th quarter valued at about $101,000. ORG Partners LLC purchased a new stake in Sprott Uranium Miners ETF in the 2nd quarter valued at about $132,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Sprott Uranium Miners ETF by 78.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,171 shares of the company’s stock valued at $198,000 after buying an additional 1,834 shares during the period.

Sprott Uranium Miners ETF Stock Performance

Shares of NYSEARCA:URNM traded up $0.49 during trading on Friday, reaching $41.85. 270,227 shares of the stock were exchanged, compared to its average volume of 593,407. Sprott Uranium Miners ETF has a 12-month low of $37.00 and a 12-month high of $60.17. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 27.29 and a beta of 1.02. The firm’s 50-day moving average price is $45.46 and its 200 day moving average price is $49.58.

Sprott Uranium Miners ETF Company 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.