Avalon Capital Management Invests $234,000 in VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLR)

Avalon Capital Management purchased a new position in VanEck Uranium+Nuclear Energy ETF (NYSEARCA:NLR) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 2,931 shares of the company’s stock, valued at approximately $234,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. EP Wealth Advisors LLC acquired a new position in VanEck Uranium+Nuclear Energy ETF during the 4th quarter worth $122,000. Assetmark Inc. grew its stake in VanEck Uranium+Nuclear Energy ETF by 183.5% in the fourth quarter. Assetmark Inc. now owns 2,469 shares of the company’s stock worth $177,000 after purchasing an additional 1,598 shares in the last quarter. Atria Wealth Solutions Inc. bought a new stake in VanEck Uranium+Nuclear Energy ETF in the fourth quarter valued at about $221,000. KFG Wealth Management LLC acquired a new stake in VanEck Uranium+Nuclear Energy ETF during the first quarter valued at approximately $237,000. Finally, SG Americas Securities LLC bought a new position in VanEck Uranium+Nuclear Energy ETF during the 2nd quarter worth approximately $240,000.

VanEck Uranium+Nuclear Energy ETF Stock Up 4.5 %

Shares of NLR traded up $3.32 during mid-day trading on Friday, hitting $77.46. The stock had a trading volume of 36,678 shares, compared to its average volume of 48,786. VanEck Uranium+Nuclear Energy ETF has a fifty-two week low of $62.39 and a fifty-two week high of $89.36. The company has a market cap of $158.02 million, a PE ratio of 23.20 and a beta of 0.90. The company’s fifty day simple moving average is $78.53 and its two-hundred day simple moving average is $78.51.

About VanEck Uranium+Nuclear Energy ETF

The VanEck Uranium+Nuclear Energy ETF (NLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.