Diametric Capital LP Sells 2,506 Shares of Sprott Uranium Miners ETF (NYSEARCA:URNM)

Diametric Capital LP lowered its stake in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 17.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,471 shares of the company’s stock after selling 2,506 shares during the period. Diametric Capital LP’s holdings in Sprott Uranium Miners ETF were worth $462,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in URNM. BFI Infinity Ltd. purchased a new stake in Sprott Uranium Miners ETF during the 4th quarter worth about $8,491,000. Raymond James Financial Inc. purchased a new stake in shares of Sprott Uranium Miners ETF in the fourth quarter worth about $3,754,000. Geneos Wealth Management Inc. purchased a new stake in shares of Sprott Uranium Miners ETF in the fourth quarter worth about $1,858,000. Tandem Financial LLC bought a new position in shares of Sprott Uranium Miners ETF in the fourth quarter valued at approximately $1,418,000. Finally, LPL Financial LLC grew its stake in Sprott Uranium Miners ETF by 10.2% during the fourth quarter. LPL Financial LLC now owns 299,086 shares of the company’s stock valued at $12,056,000 after acquiring an additional 27,716 shares in the last quarter.

Sprott Uranium Miners ETF Trading Down 0.1 %

Sprott Uranium Miners ETF stock opened at $32.44 on Tuesday. The firm’s 50 day simple moving average is $37.15 and its 200 day simple moving average is $42.49. Sprott Uranium Miners ETF has a 1-year low of $31.62 and a 1-year high of $60.17. The firm has a market capitalization of $1.19 billion, a PE ratio of 6.85 and a beta of 1.14.

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.