VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLR) Position Reduced by TAP Consulting LLC

TAP Consulting LLC cut its position in shares of VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLR) by 4.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,367 shares of the company’s stock after selling 2,550 shares during the quarter. TAP Consulting LLC’s holdings in VanEck Uranium+Nuclear Energy ETF were worth $4,348,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of NLR. International Assets Investment Management LLC purchased a new stake in shares of VanEck Uranium+Nuclear Energy ETF in the second quarter worth approximately $64,000. EP Wealth Advisors LLC purchased a new stake in shares of VanEck Uranium+Nuclear Energy ETF in the fourth quarter worth approximately $122,000. Assetmark Inc. lifted its position in shares of VanEck Uranium+Nuclear Energy ETF by 183.5% in the fourth quarter. Assetmark Inc. now owns 2,469 shares of the company’s stock worth $177,000 after purchasing an additional 1,598 shares in the last quarter. Avalon Capital Management purchased a new stake in shares of VanEck Uranium+Nuclear Energy ETF in the second quarter worth approximately $234,000. Finally, SG Americas Securities LLC purchased a new stake in shares of VanEck Uranium+Nuclear Energy ETF in the second quarter worth approximately $240,000.

VanEck Uranium+Nuclear Energy ETF Stock Performance

Shares of NYSEARCA NLR traded down $1.89 during mid-day trading on Friday, reaching $69.77. The company had a trading volume of 87,538 shares, compared to its average volume of 48,369. The stock has a fifty day moving average of $76.99 and a two-hundred day moving average of $78.52. The company has a market capitalization of $142.33 million, a price-to-earnings ratio of 23.20 and a beta of 0.90. VanEck Uranium+Nuclear Energy ETF has a 12-month low of $65.05 and a 12-month high of $89.36.

About VanEck Uranium+Nuclear Energy ETF

The VanEck Uranium+Nuclear Energy ETF (NLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.