Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Trading Up 3.7% – Here’s Why

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ)’s stock price traded up 3.7% during mid-day trading on Friday . The stock traded as high as $24.65 and last traded at $24.31. 275,960 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 409,909 shares. The stock had previously closed at $23.45.

Sprott Junior Uranium Miners ETF Stock Up 3.7%

The stock has a 50 day simple moving average of $23.82 and a 200 day simple moving average of $28.77.

Hedge Funds Weigh In On Sprott Junior Uranium Miners ETF

A number of large investors have recently modified their holdings of the company. Kingsview Wealth Management LLC acquired a new stake in shares of Sprott Junior Uranium Miners ETF in the 4th quarter worth about $6,404,000. One Plus One Wealth Management LLC boosted its stake in Sprott Junior Uranium Miners ETF by 132.6% during the 1st quarter. One Plus One Wealth Management LLC now owns 154,822 shares of the company’s stock valued at $4,535,000 after purchasing an additional 88,256 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new position in Sprott Junior Uranium Miners ETF during the 4th quarter valued at about $1,184,000. Banco BTG Pactual S.A. bought a new stake in Sprott Junior Uranium Miners ETF during the 4th quarter worth approximately $3,926,000. Finally, Tactive Advisors LLC increased its holdings in Sprott Junior Uranium Miners ETF by 13.6% during the 1st quarter. Tactive Advisors LLC now owns 31,195 shares of the company’s stock worth $914,000 after purchasing an additional 3,735 shares in the last quarter.

About Sprott Junior Uranium Miners ETF

The Sprott Junior Uranium Miners ETF (URNJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Uranium Miners index. The fund seeks to track an index of small cap uranium miners around the globe, primarily those with revenues tied to the uranium mining and uranium industry. Securities are selected using a fundamental, proprietary methodology and weighted by market cap. URNJ was launched on Dec 3, 2019 and is managed by Sprott.