Geneos Wealth Management Inc. Makes New Investment in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Geneos Wealth Management Inc. purchased a new stake in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 46,085 shares of the company’s stock, valued at approximately $1,858,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Global Trust Asset Management LLC bought a new stake in Sprott Uranium Miners ETF in the 3rd quarter valued at about $28,000. Capital Performance Advisors LLP bought a new stake in shares of Sprott Uranium Miners ETF in the third quarter valued at approximately $65,000. Chicago Partners Investment Group LLC bought a new stake in shares of Sprott Uranium Miners ETF in the third quarter valued at approximately $209,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Sprott Uranium Miners ETF by 98.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,748 shares of the company’s stock valued at $234,000 after buying an additional 2,356 shares in the last quarter. Finally, Vontobel Holding Ltd. boosted its holdings in Sprott Uranium Miners ETF by 5.1% in the 3rd quarter. Vontobel Holding Ltd. now owns 5,161 shares of the company’s stock worth $237,000 after buying an additional 249 shares during the period.

Sprott Uranium Miners ETF Price Performance

Shares of URNM stock opened at $43.79 on Monday. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 27.29 and a beta of 1.02. The company’s fifty day simple moving average is $43.92 and its two-hundred day simple moving average is $44.64. Sprott Uranium Miners ETF has a 1 year low of $36.91 and a 1 year high of $60.17.

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.