VanEck Uranium and Nuclear ETF $NLR Stock Position Raised by Echo45 Advisors LLC

Echo45 Advisors LLC increased its stake in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 28.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 25,223 shares of the company’s stock after acquiring an additional 5,577 shares during the quarter. VanEck Uranium and Nuclear ETF makes up 1.5% of Echo45 Advisors LLC’s holdings, making the stock its 21st largest holding. Echo45 Advisors LLC owned about 0.07% of VanEck Uranium and Nuclear ETF worth $2,925,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. CENTRAL TRUST Co acquired a new position in shares of VanEck Uranium and Nuclear ETF in the 1st quarter valued at $30,000. Highland Investment Advisors LLC acquired a new position in shares of VanEck Uranium and Nuclear ETF in the second quarter worth about $32,000. Arlington Trust Co LLC boosted its holdings in shares of VanEck Uranium and Nuclear ETF by 250.0% in the second quarter. Arlington Trust Co LLC now owns 280 shares of the company’s stock worth $32,000 after buying an additional 200 shares during the period. Nalls Sherbakoff Group LLC purchased a new position in shares of VanEck Uranium and Nuclear ETF in the fourth quarter worth approximately $35,000. Finally, Y.D. More Investments Ltd purchased a new position in shares of VanEck Uranium and Nuclear ETF in the first quarter worth approximately $45,000.

VanEck Uranium and Nuclear ETF Price Performance

NLR stock opened at $119.95 on Friday. VanEck Uranium and Nuclear ETF has a 52-week low of $101.92 and a 52-week high of $168.12. The company’s 50 day simple moving average is $114.17 and its 200-day simple moving average is $128.26. The firm has a market capitalization of $4.26 billion, a P/E ratio of 26.00 and a beta of 0.86.

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.