Samjo Management LLC Buys Shares of 24,215 Sprott Uranium Miners ETF (NYSEARCA:URNM)

Samjo Management LLC purchased a new position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 24,215 shares of the company’s stock, valued at approximately $976,000. Samjo Management LLC owned about 0.07% of Sprott Uranium Miners ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of URNM. BFI Infinity Ltd. purchased a new stake in Sprott Uranium Miners ETF in the 4th quarter worth approximately $8,491,000. Raymond James Financial Inc. purchased a new position in shares of Sprott Uranium Miners ETF during the 4th quarter valued at $3,754,000. Geneos Wealth Management Inc. bought a new position in Sprott Uranium Miners ETF in the 4th quarter worth $1,858,000. Tandem Financial LLC purchased a new stake in Sprott Uranium Miners ETF in the 4th quarter worth $1,418,000. Finally, LPL Financial LLC raised its holdings in Sprott Uranium Miners ETF by 10.2% during the fourth quarter. LPL Financial LLC now owns 299,086 shares of the company’s stock valued at $12,056,000 after acquiring an additional 27,716 shares during the period.

Sprott Uranium Miners ETF Stock Down 7.3 %

Shares of Sprott Uranium Miners ETF stock opened at $29.25 on Friday. Sprott Uranium Miners ETF has a 52 week low of $28.26 and a 52 week high of $60.17. The stock’s 50-day simple moving average is $36.14 and its 200-day simple moving average is $42.21. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 6.67 and a beta of 1.17.

Sprott Uranium Miners ETF Profile

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.