Maloon Powers Pitre Higgins & Dennehy LLC Takes Position in VanEck Uranium and Nuclear ETF $NLR

Maloon Powers Pitre Higgins & Dennehy LLC acquired a new position in shares of VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) in the second quarter, Holdings Channel.com reports. The fund acquired 13,554 shares of the company’s stock, valued at approximately $1,572,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Collaborative Wealth Managment Inc. raised its position in VanEck Uranium and Nuclear ETF by 2.2% during the fourth quarter. Collaborative Wealth Managment Inc. now owns 3,213 shares of the company’s stock valued at $399,000 after purchasing an additional 68 shares in the last quarter. Financial Freedom LLC boosted its holdings in shares of VanEck Uranium and Nuclear ETF by 11.8% in the 1st quarter. Financial Freedom LLC now owns 681 shares of the company’s stock worth $91,000 after purchasing an additional 72 shares in the last quarter. Beaumont Financial Advisors LLC boosted its holdings in shares of VanEck Uranium and Nuclear ETF by 0.7% in the 1st quarter. Beaumont Financial Advisors LLC now owns 12,065 shares of the company’s stock worth $1,607,000 after purchasing an additional 80 shares in the last quarter. Berger Financial Group Inc increased its position in shares of VanEck Uranium and Nuclear ETF by 1.8% during the 1st quarter. Berger Financial Group Inc now owns 4,775 shares of the company’s stock valued at $636,000 after purchasing an additional 84 shares during the last quarter. Finally, Advantage Trust Co increased its position in shares of VanEck Uranium and Nuclear ETF by 37.0% during the 1st quarter. Advantage Trust Co now owns 370 shares of the company’s stock valued at $49,000 after purchasing an additional 100 shares during the last quarter.

VanEck Uranium and Nuclear ETF Trading Up 0.6%

Shares of NYSEARCA NLR opened at $119.95 on Friday. The stock’s 50-day moving average is $114.17 and its 200 day moving average is $128.26. The stock has a market cap of $4.26 billion, a price-to-earnings ratio of 26.00 and a beta of 0.86. VanEck Uranium and Nuclear ETF has a 1-year low of $101.92 and a 1-year high of $168.12.

About VanEck Uranium and Nuclear ETF

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.