Sprott Uranium Miners ETF (NYSEARCA:URNM) Position Raised by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC raised its stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 4.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 37,699 shares of the company’s stock after buying an additional 1,595 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Sprott Uranium Miners ETF were worth $1,520,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. LFA Lugano Financial Advisors SA bought a new stake in Sprott Uranium Miners ETF in the fourth quarter valued at $37,000. US Bancorp DE raised its stake in shares of Sprott Uranium Miners ETF by 17.9% during the fourth quarter. US Bancorp DE now owns 2,358 shares of the company’s stock valued at $95,000 after purchasing an additional 358 shares in the last quarter. Spire Wealth Management bought a new stake in shares of Sprott Uranium Miners ETF during the fourth quarter valued at about $115,000. Larson Financial Group LLC raised its stake in shares of Sprott Uranium Miners ETF by 25.8% during the third quarter. Larson Financial Group LLC now owns 5,790 shares of the company’s stock valued at $266,000 after purchasing an additional 1,186 shares in the last quarter. Finally, Vontobel Holding Ltd. raised its stake in shares of Sprott Uranium Miners ETF by 12.2% during the fourth quarter. Vontobel Holding Ltd. now owns 5,793 shares of the company’s stock valued at $234,000 after purchasing an additional 632 shares in the last quarter.

Sprott Uranium Miners ETF Stock Up 2.6 %

Shares of NYSEARCA URNM opened at $35.52 on Thursday. Sprott Uranium Miners ETF has a fifty-two week low of $31.93 and a fifty-two week high of $60.17. The firm’s 50-day simple moving average is $38.26 and its 200 day simple moving average is $42.77. The stock has a market cap of $1.31 billion, a P/E ratio of 6.85 and a beta of 1.14.

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.