Sprott Uranium Miners ETF (NYSEARCA:URNM) Stock Price Up 3.8% – Still a Buy?

Sprott Uranium Miners ETF (NYSEARCA:URNMGet Free Report)’s share price traded up 3.8% during mid-day trading on Friday . The stock traded as high as $47.34 and last traded at $47.03. 187,949 shares were traded during trading, a decline of 68% from the average session volume of 579,972 shares. The stock had previously closed at $45.33.

Sprott Uranium Miners ETF Stock Performance

The stock’s 50 day simple moving average is $46.34 and its 200 day simple moving average is $47.89. The firm has a market cap of $1.49 billion, a PE ratio of 27.29 and a beta of 1.02.

Institutional Investors Weigh In On Sprott Uranium Miners ETF

Large investors have recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Sprott Uranium Miners ETF by 145.4% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,227,000 shares of the company’s stock worth $56,295,000 after purchasing an additional 727,000 shares in the last quarter. Rokos Capital Management LLP bought a new stake in Sprott Uranium Miners ETF in the 1st quarter worth approximately $18,121,000. Crawford Fund Management LLC purchased a new stake in Sprott Uranium Miners ETF in the third quarter worth approximately $8,263,000. International Assets Investment Management LLC grew its position in Sprott Uranium Miners ETF by 8,026.4% during the third quarter. International Assets Investment Management LLC now owns 146,357 shares of the company’s stock valued at $6,715,000 after acquiring an additional 144,556 shares during the last quarter. Finally, Mirabella Financial Services LLP bought a new position in Sprott Uranium Miners ETF during the third quarter valued at approximately $5,037,000.

About Sprott Uranium Miners ETF

(Get Free Report)

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.

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