Private Wealth Advisors LLC Has $3.08 Million Stock Position in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Private Wealth Advisors LLC increased its holdings in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 105.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,550 shares of the company’s stock after acquiring an additional 33,582 shares during the period. Sprott Uranium Miners ETF comprises 1.2% of Private Wealth Advisors LLC’s investment portfolio, making the stock its 28th biggest holding. Private Wealth Advisors LLC owned 0.20% of Sprott Uranium Miners ETF worth $3,084,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in URNM. Global Trust Asset Management LLC purchased a new position in Sprott Uranium Miners ETF during the 3rd quarter worth $28,000. Capital Performance Advisors LLP bought a new position in shares of Sprott Uranium Miners ETF during the third quarter valued at about $65,000. International Assets Investment Management LLC purchased a new position in Sprott Uranium Miners ETF during the second quarter worth about $89,000. ORG Partners LLC bought a new stake in Sprott Uranium Miners ETF in the 2nd quarter worth about $132,000. Finally, Chicago Partners Investment Group LLC purchased a new stake in Sprott Uranium Miners ETF in the 3rd quarter valued at about $209,000.

Sprott Uranium Miners ETF Price Performance

Shares of NYSEARCA URNM traded down $1.47 during midday trading on Tuesday, reaching $44.44. The company’s stock had a trading volume of 197,417 shares, compared to its average volume of 581,308. The stock has a market capitalization of $1.45 billion, a P/E ratio of 27.29 and a beta of 1.02. The firm has a 50 day moving average price of $45.79 and a 200-day moving average price of $48.02. Sprott Uranium Miners ETF has a 12-month low of $36.91 and a 12-month 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.