Van ECK Associates Corp Cuts Stock Holdings in VanEck Uranium and Nuclear ETF $NLR

Van ECK Associates Corp decreased its position in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 47.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,386 shares of the company’s stock after selling 85,454 shares during the quarter. Van ECK Associates Corp owned approximately 0.27% of VanEck Uranium and Nuclear ETF worth $10,947,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its position in shares of VanEck Uranium and Nuclear ETF by 20.1% during the fourth quarter. LPL Financial LLC now owns 1,871,939 shares of the company’s stock valued at $232,495,000 after acquiring an additional 313,143 shares during the last quarter. Bank of America Corp DE boosted its position in VanEck Uranium and Nuclear ETF by 32.0% in the first quarter. Bank of America Corp DE now owns 1,148,995 shares of the company’s stock worth $153,035,000 after purchasing an additional 278,767 shares during the last quarter. Raymond James Financial Inc. boosted its position in VanEck Uranium and Nuclear ETF by 89.6% in the third quarter. Raymond James Financial Inc. now owns 439,573 shares of the company’s stock worth $59,628,000 after purchasing an additional 207,770 shares during the last quarter. Morgan Stanley grew its stake in VanEck Uranium and Nuclear ETF by 17.4% in the 4th quarter. Morgan Stanley now owns 1,133,847 shares of the company’s stock valued at $140,824,000 after purchasing an additional 168,224 shares during the period. Finally, Wells Fargo & Company MN grew its stake in VanEck Uranium and Nuclear ETF by 62.1% in the 4th quarter. Wells Fargo & Company MN now owns 322,265 shares of the company’s stock valued at $40,025,000 after purchasing an additional 123,519 shares during the period.

VanEck Uranium and Nuclear ETF Price Performance

NYSEARCA NLR opened at $118.23 on Tuesday. The stock has a market capitalization of $4.20 billion, a price-to-earnings ratio of 26.00 and a beta of 0.85. VanEck Uranium and Nuclear ETF has a one year low of $101.92 and a one year high of $168.12. The business’s fifty day moving average is $114.24 and its 200-day moving average is $128.87.

VanEck Uranium and Nuclear ETF Profile

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.