Group One Trading LLC Takes $36.52 Million Position in Sprott Uranium Miners ETF $URNM

Group One Trading LLC acquired a new position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 578,353 shares of the company’s stock, valued at approximately $36,523,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Longview Financial Advisors Inc. purchased a new position in Sprott Uranium Miners ETF in the first quarter worth approximately $32,000. Knuff & Co LLC purchased a new position in Sprott Uranium Miners ETF during the 4th quarter worth approximately $31,000. Main Street Group LTD purchased a new position in shares of Sprott Uranium Miners ETF during the first quarter worth approximately $44,000. IFP Advisors Inc acquired a new position in Sprott Uranium Miners ETF in the third quarter valued at $44,000. Finally, Caitlin John LLC increased its position in Sprott Uranium Miners ETF by 25.9% in the 4th quarter. Caitlin John LLC now owns 850 shares of the company’s stock valued at $47,000 after acquiring an additional 175 shares during the period.

Sprott Uranium Miners ETF Trading Up 1.8%

Sprott Uranium Miners ETF stock opened at $51.08 on Thursday. The stock has a 50 day moving average of $55.45 and a two-hundred day moving average of $63.41. Sprott Uranium Miners ETF has a twelve month low of $43.10 and a twelve month high of $84.95. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 7.69 and a beta of 0.91.

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.