HighTower Advisors LLC Boosts Stake in VanEck Uranium and Nuclear ETF $NLR

HighTower Advisors LLC increased its position in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 154.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 48,365 shares of the company’s stock after purchasing an additional 29,327 shares during the period. HighTower Advisors LLC’s holdings in VanEck Uranium and Nuclear ETF were worth $6,007,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Adirondack Trust Co. lifted its position in shares of VanEck Uranium and Nuclear ETF by 6.7% in the fourth quarter. Adirondack Trust Co. now owns 1,192 shares of the company’s stock worth $148,000 after buying an additional 75 shares in the last quarter. Flagstar Advisors Inc. lifted its position in shares of VanEck Uranium and Nuclear ETF by 5.6% in the fourth quarter. Flagstar Advisors Inc. now owns 1,979 shares of the company’s stock worth $246,000 after buying an additional 105 shares in the last quarter. Nova Wealth Management Inc. lifted its position in shares of VanEck Uranium and Nuclear ETF by 28.5% in the fourth quarter. Nova Wealth Management Inc. now owns 527 shares of the company’s stock worth $65,000 after buying an additional 117 shares in the last quarter. Castle Rock Wealth Management LLC lifted its position in shares of VanEck Uranium and Nuclear ETF by 7.9% in the fourth quarter. Castle Rock Wealth Management LLC now owns 1,854 shares of the company’s stock worth $230,000 after buying an additional 135 shares in the last quarter. Finally, Chicago Partners Investment Group LLC lifted its position in shares of VanEck Uranium and Nuclear ETF by 3.8% in the fourth quarter. Chicago Partners Investment Group LLC now owns 3,795 shares of the company’s stock worth $471,000 after buying an additional 138 shares in the last quarter.

VanEck Uranium and Nuclear ETF Trading Down 1.6%

NYSEARCA:NLR opened at $132.52 on Thursday. The company has a market capitalization of $4.72 billion, a P/E ratio of 26.00 and a beta of 0.85. VanEck Uranium and Nuclear ETF has a 12 month low of $95.41 and a 12 month high of $168.12. The business’s 50-day moving average is $136.98 and its 200 day moving average is $137.86.

About VanEck Uranium and Nuclear 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.