Phoenix Wealth Advisors Grows Stake in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Phoenix Wealth Advisors lifted its stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 71.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,615 shares of the company’s stock after buying an additional 6,487 shares during the period. Phoenix Wealth Advisors’ holdings in Sprott Uranium Miners ETF were worth $740,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its holdings in Sprott Uranium Miners ETF by 90.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 822 shares of the company’s stock worth $26,000 after buying an additional 391 shares in the last quarter. Tower Research Capital LLC TRC acquired a new position in shares of Sprott Uranium Miners ETF in the third quarter worth about $29,000. Wells Fargo & Company MN purchased a new position in Sprott Uranium Miners ETF in the second quarter valued at about $34,000. Anchor Investment Management LLC purchased a new position in Sprott Uranium Miners ETF in the fourth quarter valued at about $35,000. Finally, Harbour Investments Inc. grew its stake in Sprott Uranium Miners ETF by 12,783.3% during the 3rd quarter. Harbour Investments Inc. now owns 773 shares of the company’s stock valued at $36,000 after purchasing an additional 767 shares in the last quarter.

Sprott Uranium Miners ETF Stock Up 1.2 %

Shares of URNM traded up $0.60 during trading on Wednesday, reaching $50.57. The company’s stock had a trading volume of 117,151 shares, compared to its average volume of 762,737. Sprott Uranium Miners ETF has a twelve month low of $28.79 and a twelve month high of $58.96. The company has a market cap of $1.63 billion, a price-to-earnings ratio of 26.97 and a beta of 0.95. The company has a fifty day moving average of $50.45 and a two-hundred day moving average of $49.27.

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.