WIT Partners Advisory Pte. Ltd. Purchases 144,804 Shares of Sprott Uranium Miners ETF $URNM

WIT Partners Advisory Pte. Ltd. raised its position in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 383.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 182,548 shares of the company’s stock after purchasing an additional 144,804 shares during the period. Sprott Uranium Miners ETF accounts for approximately 9.8% of WIT Partners Advisory Pte. Ltd.’s portfolio, making the stock its 2nd largest position. WIT Partners Advisory Pte. Ltd.’s holdings in Sprott Uranium Miners ETF were worth $8,664,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Global Strategic Management Inc. bought a new stake in shares of Sprott Uranium Miners ETF in the 3rd quarter valued at $864,000. AdvisorNet Financial Inc raised its stake in Sprott Uranium Miners ETF by 19.6% during the third quarter. AdvisorNet Financial Inc now owns 6,246 shares of the company’s stock worth $296,000 after buying an additional 1,023 shares during the last quarter. SBE LLC DBA Cedar Cove Wealth Partners lifted its holdings in Sprott Uranium Miners ETF by 63.2% in the third quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 133,346 shares of the company’s stock valued at $6,329,000 after buying an additional 51,638 shares during the period. Seelaus Asset Management LLC lifted its holdings in Sprott Uranium Miners ETF by 2.5% in the third quarter. Seelaus Asset Management LLC now owns 11,978 shares of the company’s stock valued at $568,000 after buying an additional 296 shares during the period. Finally, GK Wealth Management LLC acquired a new position in Sprott Uranium Miners ETF in the third quarter valued at $32,000.

Sprott Uranium Miners ETF Trading Up 3.2%

Shares of URNM opened at $43.78 on Friday. The stock has a market capitalization of $1.71 billion, a P/E ratio of 7.69 and a beta of 1.09. The firm’s fifty day simple moving average is $52.47 and its two-hundred day simple moving average is $56.30. Sprott Uranium Miners ETF has a 12 month low of $41.36 and a 12 month high of $84.95.

About Sprott Uranium Miners ETF

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.