Sprott Uranium Miners ETF (NYSEARCA:URNM) Shares Sold by Mountain Lake Investment Management LLC

Mountain Lake Investment Management LLC trimmed its position in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 21.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,052 shares of the company’s stock after selling 3,948 shares during the quarter. Sprott Uranium Miners ETF makes up approximately 0.7% of Mountain Lake Investment Management LLC’s holdings, making the stock its 24th largest position. Mountain Lake Investment Management LLC’s holdings in Sprott Uranium Miners ETF were worth $566,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in URNM. Principal Securities Inc. raised its position in Sprott Uranium Miners ETF by 7.6% during the fourth quarter. Principal Securities Inc. now owns 7,756 shares of the company’s stock valued at $313,000 after buying an additional 549 shares during the period. Manchester Capital Management LLC grew its stake in Sprott Uranium Miners ETF by 30.7% in the fourth quarter. Manchester Capital Management LLC now owns 16,053 shares of the company’s stock valued at $647,000 after purchasing an additional 3,768 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its stake in Sprott Uranium Miners ETF by 1.4% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 70,693 shares of the company’s stock valued at $2,850,000 after purchasing an additional 1,000 shares in the last quarter. Vontobel Holding Ltd. grew its stake in Sprott Uranium Miners ETF by 12.2% in the fourth quarter. Vontobel Holding Ltd. now owns 5,793 shares of the company’s stock valued at $234,000 after purchasing an additional 632 shares in the last quarter. Finally, One Plus One Wealth Management LLC grew its stake in Sprott Uranium Miners ETF by 3.6% in the fourth quarter. One Plus One Wealth Management LLC now owns 109,264 shares of the company’s stock valued at $4,404,000 after purchasing an additional 3,837 shares in the last quarter.

Sprott Uranium Miners ETF Price Performance

Shares of NYSEARCA URNM opened at $38.15 on Friday. The company has a market capitalization of $1.24 billion, a P/E ratio of 27.29 and a beta of 1.02. The business’s 50-day moving average price is $41.56 and its two-hundred day moving average price is $43.83. Sprott Uranium Miners ETF has a one year low of $36.91 and a one year high of $60.17.

Sprott Uranium Miners ETF 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.