HighTower Advisors LLC Lowers Stock Position in Sprott Uranium Miners ETF (NYSEARCA:URNM)

HighTower Advisors LLC reduced its stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,614 shares of the company’s stock after selling 4,251 shares during the quarter. HighTower Advisors LLC owned about 0.54% of Sprott Uranium Miners ETF worth $7,119,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Sprott Uranium Miners ETF by 145.4% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,227,000 shares of the company’s stock worth $56,295,000 after acquiring an additional 727,000 shares in the last quarter. Bridgewater Associates LP raised its stake in shares of Sprott Uranium Miners ETF by 8.5% during the third quarter. Bridgewater Associates LP now owns 239,811 shares of the company’s stock worth $11,003,000 after acquiring an additional 18,864 shares in the last quarter. BFI Infinity Ltd. purchased a new position in shares of Sprott Uranium Miners ETF during the fourth quarter worth approximately $8,491,000. Crawford Fund Management LLC purchased a new position in shares of Sprott Uranium Miners ETF during the third quarter worth approximately $8,263,000. Finally, Fielder Capital Group LLC raised its stake in shares of Sprott Uranium Miners ETF by 4.0% during the fourth quarter. Fielder Capital Group LLC now owns 162,046 shares of the company’s stock worth $6,532,000 after acquiring an additional 6,293 shares in the last quarter.

Sprott Uranium Miners ETF Stock Performance

URNM stock opened at $34.62 on Wednesday. The company has a market capitalization of $1.27 billion, a PE ratio of 6.85 and a beta of 1.14. Sprott Uranium Miners ETF has a one year low of $31.93 and a one year high of $60.17. The company’s 50 day moving average price is $38.38 and its two-hundred day moving average price is $42.82.

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.