Financial Enhancement Group LLC Raises Holdings in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Financial Enhancement Group LLC grew its stake in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 47.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,856 shares of the company’s stock after acquiring an additional 23,075 shares during the quarter. Financial Enhancement Group LLC owned about 0.22% of Sprott Uranium Miners ETF worth $2,919,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Global Trust Asset Management LLC acquired a new position in Sprott Uranium Miners ETF during the 3rd quarter valued at approximately $28,000. Capital Performance Advisors LLP acquired a new position in shares of Sprott Uranium Miners ETF in the 3rd quarter valued at $65,000. Chicago Partners Investment Group LLC purchased a new position in Sprott Uranium Miners ETF in the 3rd quarter worth $209,000. Northwestern Mutual Wealth Management Co. raised its stake in Sprott Uranium Miners ETF by 98.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,748 shares of the company’s stock worth $234,000 after acquiring an additional 2,356 shares during the last quarter. Finally, Vontobel Holding Ltd. lifted its position in Sprott Uranium Miners ETF by 5.1% during the 3rd quarter. Vontobel Holding Ltd. now owns 5,161 shares of the company’s stock worth $237,000 after acquiring an additional 249 shares during the period.

Sprott Uranium Miners ETF Stock Performance

Shares of URNM stock opened at $41.61 on Thursday. Sprott Uranium Miners ETF has a fifty-two week low of $36.91 and a fifty-two week high of $60.17. The firm has a market capitalization of $1.36 billion, a PE ratio of 27.29 and a beta of 1.02. The stock’s 50-day simple moving average is $44.43 and its 200-day simple moving average is $45.01.

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.