Northwestern Mutual Wealth Management Co. Increases Stock Holdings in VanEck Uranium and Nuclear ETF $NLR

Northwestern Mutual Wealth Management Co. raised its stake in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 31.8% during the 4th quarter, HoldingsChannel reports. The firm owned 81,342 shares of the company’s stock after acquiring an additional 19,632 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in VanEck Uranium and Nuclear ETF were worth $10,103,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Raymond James Financial Inc. boosted its stake in shares of 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 valued at $59,628,000 after buying an additional 207,770 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of VanEck Uranium and Nuclear ETF by 29.9% in the third quarter. Bank of America Corp DE now owns 820,187 shares of the company’s stock valued at $111,258,000 after buying an additional 188,704 shares in the last quarter. Bouchey Financial Group Ltd purchased a new stake in shares of VanEck Uranium and Nuclear ETF in the fourth quarter valued at approximately $16,365,000. 360 Financial Inc. boosted its stake in shares of VanEck Uranium and Nuclear ETF by 6,705.9% in the third quarter. 360 Financial Inc. now owns 125,978 shares of the company’s stock valued at $17,089,000 after buying an additional 124,127 shares in the last quarter. Finally, UBS Group AG boosted its stake in shares of VanEck Uranium and Nuclear ETF by 40.6% in the third quarter. UBS Group AG now owns 327,399 shares of the company’s stock valued at $44,412,000 after buying an additional 94,602 shares in the last quarter.

VanEck Uranium and Nuclear ETF Price Performance

VanEck Uranium and Nuclear ETF stock opened at $131.85 on Tuesday. VanEck Uranium and Nuclear ETF has a 1-year low of $96.24 and a 1-year high of $168.12. The company has a market cap of $4.69 billion, a PE ratio of 26.00 and a beta of 0.85. The stock’s 50 day moving average price is $136.78 and its 200 day moving average price is $137.76.

VanEck Uranium and Nuclear ETF Company 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.