Bay Colony Advisory Group Inc d b a Bay Colony Advisors Has $325,000 Position in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors reduced its stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 44.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,060 shares of the company’s stock after selling 6,551 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Sprott Uranium Miners ETF were worth $325,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new stake in Sprott Uranium Miners ETF in the 3rd quarter worth approximately $65,000. US Bancorp DE lifted its holdings in shares of Sprott Uranium Miners ETF by 17.9% during the fourth quarter. US Bancorp DE now owns 2,358 shares of the company’s stock worth $95,000 after buying an additional 358 shares during the last quarter. Spire Wealth Management acquired a new position in shares of Sprott Uranium Miners ETF during the fourth quarter worth approximately $115,000. Vontobel Holding Ltd. lifted its holdings in shares of Sprott Uranium Miners ETF by 12.2% during the fourth quarter. Vontobel Holding Ltd. now owns 5,793 shares of the company’s stock worth $234,000 after buying an additional 632 shares during the last quarter. Finally, DAVENPORT & Co LLC lifted its holdings in shares of Sprott Uranium Miners ETF by 20.6% during the fourth quarter. DAVENPORT & Co LLC now owns 5,850 shares of the company’s stock worth $236,000 after buying an additional 1,000 shares during the last quarter.

Sprott Uranium Miners ETF Stock Down 1.8 %

Shares of URNM stock opened at $33.45 on Friday. Sprott Uranium Miners ETF has a 12 month low of $31.93 and a 12 month high of $60.17. The firm has a market cap of $1.22 billion, a PE ratio of 7.86 and a beta of 1.11. The stock has a 50 day moving average of $39.53 and a 200-day moving average of $43.23.

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.