VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLR) Sets New 12-Month Low – Here’s What Happened

VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLRGet Free Report) shares hit a new 52-week low during trading on Friday . The stock traded as low as $67.11 and last traded at $67.17, with a volume of 81422 shares changing hands. The stock had previously closed at $72.55.

VanEck Uranium+Nuclear Energy ETF Trading Down 6.6 %

The company has a 50-day moving average of $81.92 and a 200-day moving average of $86.06. The company has a market capitalization of $912.32 million, a price-to-earnings ratio of 16.41 and a beta of 0.65.

Hedge Funds Weigh In On VanEck Uranium+Nuclear Energy ETF

Several hedge funds have recently made changes to their positions in the company. SOA Wealth Advisors LLC. purchased a new stake in VanEck Uranium+Nuclear Energy ETF during the 4th quarter valued at about $28,000. Geneos Wealth Management Inc. lifted its holdings in shares of VanEck Uranium+Nuclear Energy ETF by 150.6% during the fourth quarter. Geneos Wealth Management Inc. now owns 391 shares of the company’s stock worth $32,000 after purchasing an additional 235 shares during the period. CIBC Private Wealth Group LLC purchased a new stake in VanEck Uranium+Nuclear Energy ETF in the fourth quarter valued at approximately $34,000. Bank of Montreal Can increased its holdings in VanEck Uranium+Nuclear Energy ETF by 107.4% in the 4th quarter. Bank of Montreal Can now owns 419 shares of the company’s stock worth $34,000 after buying an additional 217 shares during the period. Finally, New Wave Wealth Advisors LLC purchased a new position in VanEck Uranium+Nuclear Energy ETF during the 4th quarter worth approximately $36,000.

VanEck Uranium+Nuclear Energy ETF Company Profile

(Get Free Report)

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.

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