Concurrent Investment Advisors LLC Invests $1.95 Million in VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLR)

Concurrent Investment Advisors LLC bought a new position in VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLR) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 24,019 shares of the company’s stock, valued at approximately $1,954,000.

Several other institutional investors also recently modified their holdings of NLR. Private Advisor Group LLC boosted its position in shares of VanEck Uranium+Nuclear Energy ETF by 559.5% during the third quarter. Private Advisor Group LLC now owns 62,928 shares of the company’s stock valued at $5,258,000 after buying an additional 53,386 shares during the last quarter. EWG Elevate Inc. purchased a new stake in shares of VanEck Uranium+Nuclear Energy ETF during the fourth quarter valued at $3,111,000. Carnegie Investment Counsel purchased a new stake in shares of VanEck Uranium+Nuclear Energy ETF during the fourth quarter valued at $2,145,000. Floyd Financial Group LLC purchased a new stake in shares of VanEck Uranium+Nuclear Energy ETF during the fourth quarter valued at $1,945,000. Finally, SMART Wealth LLC purchased a new stake in shares of VanEck Uranium+Nuclear Energy ETF during the fourth quarter valued at $1,328,000.

VanEck Uranium+Nuclear Energy ETF Stock Performance

Shares of NYSEARCA:NLR opened at $83.69 on Friday. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 19.47 and a beta of 0.64. The stock’s 50-day simple moving average is $87.16 and its two-hundred day simple moving average is $85.35. VanEck Uranium+Nuclear Energy ETF has a 52-week low of $68.42 and a 52-week high of $97.89.

About VanEck Uranium+Nuclear Energy ETF

The VanEck Uranium+Nuclear Energy ETF (NLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.