Arvest Investments Inc. Invests $1.89 Million in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Arvest Investments Inc. bought a new position in Sprott Uranium Miners ETF (NYSEARCA:URNM) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 58,163 shares of the company’s stock, valued at approximately $1,887,000.

Several other institutional investors also recently modified their holdings of the business. US Bancorp DE boosted its position in shares of Sprott Uranium Miners ETF by 17.9% during the fourth quarter. US Bancorp DE now owns 2,358 shares of the company’s stock valued at $95,000 after buying an additional 358 shares during the last quarter. Menlo Advisors LLC boosted its position in shares of Sprott Uranium Miners ETF by 0.6% during the fourth quarter. Menlo Advisors LLC now owns 90,064 shares of the company’s stock valued at $3,630,000 after buying an additional 500 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Sprott Uranium Miners ETF by 5.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 10,852 shares of the company’s stock valued at $437,000 after buying an additional 541 shares during the last quarter. Principal Securities Inc. boosted its position in shares of Sprott Uranium Miners ETF by 7.6% during the fourth quarter. Principal Securities Inc. now owns 7,756 shares of the company’s stock valued at $313,000 after buying an additional 549 shares during the last quarter. Finally, Vontobel Holding Ltd. boosted its position in shares of Sprott Uranium Miners ETF by 12.2% during the fourth quarter. Vontobel Holding Ltd. now owns 5,793 shares of the company’s stock valued at $234,000 after buying an additional 632 shares during the last quarter.

Sprott Uranium Miners ETF Price Performance

Sprott Uranium Miners ETF stock opened at $42.73 on Thursday. Sprott Uranium Miners ETF has a one year low of $27.60 and a one year high of $53.48. The stock has a market capitalization of $1.58 billion, a PE ratio of 7.70 and a beta of 1.00. The business’s fifty day moving average is $36.07 and its 200 day moving average is $38.36.

Sprott Uranium Miners ETF Profile

The Sprott Uranium Miners ETF (URNM) is an exchange-traded fund that is based on the North Shore Global Uranium Mining index, a market-cap-weighted index of global companies in the uranium industry. URNM was launched on Dec 3, 2019 and is managed by Sprott.