Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $22.76 and traded as low as $21.92. Sprott Junior Uranium Miners ETF shares last traded at $22.67, with a volume of 75,918 shares changing hands.

Sprott Junior Uranium Miners ETF Stock Down 2.9 %

The stock has a fifty day simple moving average of $23.42 and a 200-day simple moving average of $22.75.

Sprott Junior Uranium Miners ETF Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 12th will be given a dividend of $0.805 per share. The ex-dividend date is Thursday, December 12th.

Hedge Funds Weigh In On Sprott Junior Uranium Miners ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bridgewater Associates LP grew its holdings in shares of Sprott Junior Uranium Miners ETF by 10.4% during the 3rd quarter. Bridgewater Associates LP now owns 71,514 shares of the company’s stock worth $1,578,000 after purchasing an additional 6,755 shares in the last quarter. National Bank of Canada FI lifted its position in Sprott Junior Uranium Miners ETF by 106.9% in the third quarter. National Bank of Canada FI now owns 52,416 shares of the company’s stock worth $1,157,000 after purchasing an additional 27,078 shares during the period. HTLF Bank boosted its stake in Sprott Junior Uranium Miners ETF by 49.5% during the second quarter. HTLF Bank now owns 52,150 shares of the company’s stock worth $1,247,000 after buying an additional 17,270 shares in the last quarter. Finally, Rathbones Group PLC boosted its stake in Sprott Junior Uranium Miners ETF by 2.7% during the second quarter. Rathbones Group PLC now owns 38,260 shares of the company’s stock worth $915,000 after buying an additional 1,000 shares in the last quarter.

About Sprott Junior Uranium Miners ETF

The Sprott Junior Uranium Miners ETF (URNJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Uranium Miners index. The fund seeks to track an index of small cap uranium miners around the globe, primarily those with revenues tied to the uranium mining and uranium industry. Securities are selected using a fundamental, proprietary methodology and weighted by market cap.