Janney Montgomery Scott LLC Acquires 7,186 Shares of Sprott Uranium Miners ETF (NYSEARCA:URNM)

Janney Montgomery Scott LLC grew its holdings in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 40.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 24,909 shares of the company’s stock after buying an additional 7,186 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Sprott Uranium Miners ETF were worth $1,143,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of URNM. Global Trust Asset Management LLC bought a new stake in shares of Sprott Uranium Miners ETF in the third quarter valued at approximately $28,000. International Assets Investment Management LLC purchased a new position in Sprott Uranium Miners ETF during the second quarter valued at approximately $89,000. ORG Partners LLC purchased a new position in Sprott Uranium Miners ETF during the second quarter valued at approximately $132,000. Chicago Partners Investment Group LLC purchased a new position in Sprott Uranium Miners ETF during the third quarter valued at approximately $209,000. Finally, Ausdal Financial Partners Inc. purchased a new position in Sprott Uranium Miners ETF during the second quarter valued at approximately $222,000.

Sprott Uranium Miners ETF Trading Up 1.2 %

Shares of NYSEARCA:URNM opened at $45.86 on Friday. The company has a 50 day moving average of $46.17 and a 200 day moving average of $47.95. The stock has a market cap of $1.49 billion, a P/E ratio of 27.29 and a beta of 1.02. Sprott Uranium Miners ETF has a 12 month low of $36.91 and a 12 month high of $60.17.

Sprott Uranium Miners ETF Company 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.