Financial Advocates Investment Management Invests $716,000 in VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLR)

Financial Advocates Investment Management bought a new stake in shares of VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,801 shares of the company’s stock, valued at approximately $716,000. Financial Advocates Investment Management owned approximately 0.43% of VanEck Uranium+Nuclear Energy ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vestia Personal Wealth Advisors purchased a new position in shares of VanEck Uranium+Nuclear Energy ETF during the fourth quarter valued at $374,000. Mirae Asset Global Investments Co. Ltd. bought a new position in VanEck Uranium+Nuclear Energy ETF during the 4th quarter worth about $739,000. Fiduciary Planning LLC increased its position in VanEck Uranium+Nuclear Energy ETF by 14.8% during the 4th quarter. Fiduciary Planning LLC now owns 29,763 shares of the company’s stock valued at $2,421,000 after purchasing an additional 3,841 shares during the period. DAVENPORT & Co LLC bought a new stake in shares of VanEck Uranium+Nuclear Energy ETF in the 4th quarter valued at about $648,000. Finally, New Wave Wealth Advisors LLC purchased a new stake in shares of VanEck Uranium+Nuclear Energy ETF in the 4th quarter worth approximately $36,000.

VanEck Uranium+Nuclear Energy ETF Trading Up 2.7 %

Shares of NYSEARCA NLR opened at $92.15 on Friday. The stock has a market capitalization of $187.99 million, a PE ratio of 23.20 and a beta of 0.90. VanEck Uranium+Nuclear Energy ETF has a 12-month low of $68.42 and a 12-month high of $97.89. The stock’s fifty day simple moving average is $87.33 and its two-hundred day simple moving average is $84.42.

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.