Ground Swell Capital LLC Makes New $319,000 Investment in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Ground Swell Capital LLC purchased a new position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 6,952 shares of the company’s stock, valued at approximately $319,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in URNM. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Sprott Uranium Miners ETF in the 1st quarter worth approximately $1,347,000. Janney Montgomery Scott LLC grew its holdings in shares of Sprott Uranium Miners ETF by 171.9% during the first quarter. Janney Montgomery Scott LLC now owns 51,468 shares of the company’s stock valued at $2,537,000 after buying an additional 32,536 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its position in shares of Sprott Uranium Miners ETF by 63.3% in the 1st quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 15,943 shares of the company’s stock valued at $786,000 after acquiring an additional 6,179 shares during the period. Avantax Advisory Services Inc. increased its position in shares of Sprott Uranium Miners ETF by 15.5% in the 1st quarter. Avantax Advisory Services Inc. now owns 17,278 shares of the company’s stock valued at $852,000 after acquiring an additional 2,318 shares during the period. Finally, Anthracite Investment Company Inc. raised its stake in Sprott Uranium Miners ETF by 178.4% in the 1st quarter. Anthracite Investment Company Inc. now owns 12,592 shares of the company’s stock worth $621,000 after acquiring an additional 28,661 shares during the last quarter.

Sprott Uranium Miners ETF Stock Performance

Sprott Uranium Miners ETF stock opened at $46.29 on Monday. The business’s 50-day simple moving average is $45.32 and its two-hundred day simple moving average is $48.18. The company has a market cap of $1.51 billion, a PE ratio of 27.29 and a beta of 1.02. Sprott Uranium Miners ETF has a fifty-two week low of $36.91 and a fifty-two week 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.