60,414 Shares in Sprott Uranium Miners ETF (NYSEARCA:URNM) Acquired by Arlington Capital Management Inc.

Arlington Capital Management Inc. acquired a new stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 60,414 shares of the company’s stock, valued at approximately $2,916,000. Sprott Uranium Miners ETF comprises about 2.7% of Arlington Capital Management Inc.’s portfolio, making the stock its 7th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in URNM. Anchor Investment Management LLC acquired a new position in shares of Sprott Uranium Miners ETF in the 4th quarter valued at $35,000. Trivant Custom Portfolio Group LLC bought a new stake in shares of Sprott Uranium Miners ETF in the third quarter worth about $42,000. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Sprott Uranium Miners ETF during the fourth quarter worth about $71,000. SRS Capital Advisors Inc. bought a new position in shares of Sprott Uranium Miners ETF during the 3rd quarter valued at about $88,000. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of Sprott Uranium Miners ETF in the 4th quarter valued at approximately $101,000.

Sprott Uranium Miners ETF Price Performance

Shares of Sprott Uranium Miners ETF stock traded up $1.44 on Thursday, hitting $55.49. The company had a trading volume of 84,133 shares, compared to its average volume of 707,378. Sprott Uranium Miners ETF has a twelve month low of $28.79 and a twelve month high of $58.96. The stock has a 50-day moving average of $50.44 and a 200-day moving average of $50.07. The firm has a market capitalization of $1.81 billion, a P/E ratio of 27.29 and a beta of 1.02.

About Sprott Uranium Miners ETF

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.