Bleakley Financial Group LLC Acquires 18,381 Shares of Sprott Uranium Miners ETF $URNM

Bleakley Financial Group LLC raised its holdings in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 23.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 97,098 shares of the company’s stock after acquiring an additional 18,381 shares during the quarter. Bleakley Financial Group LLC’s holdings in Sprott Uranium Miners ETF were worth $6,132,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in URNM. Financial Enhancement Group LLC purchased a new stake in shares of Sprott Uranium Miners ETF during the 4th quarter valued at about $1,854,000. Perigon Wealth Management LLC purchased a new position in shares of Sprott Uranium Miners ETF during the fourth quarter valued at approximately $948,000. Foundations Investment Advisors LLC purchased a new position in shares of Sprott Uranium Miners ETF during the fourth quarter valued at approximately $1,249,000. Brookstone Capital Management lifted its position in Sprott Uranium Miners ETF by 62.3% during the fourth quarter. Brookstone Capital Management now owns 25,732 shares of the company’s stock valued at $1,412,000 after purchasing an additional 9,882 shares during the period. Finally, Trek Financial LLC bought a new position in Sprott Uranium Miners ETF during the fourth quarter valued at approximately $7,214,000.

Sprott Uranium Miners ETF Trading Up 2.7%

Shares of URNM stock opened at $51.59 on Wednesday. Sprott Uranium Miners ETF has a 12-month low of $43.10 and a 12-month high of $84.95. The firm’s 50 day moving average is $57.48 and its 200 day moving average is $63.66. The stock has a market capitalization of $1.86 billion, a P/E ratio of 7.69 and a beta of 0.91.

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.