Kingsview Wealth Management LLC Makes New $6.63 Million Investment in Sprott Uranium Miners ETF $URNM

Kingsview Wealth Management LLC purchased a new position in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 120,800 shares of the company’s stock, valued at approximately $6,631,000. Kingsview Wealth Management LLC owned approximately 0.36% of Sprott Uranium Miners ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in URNM. Sanctuary Advisors LLC boosted its holdings in Sprott Uranium Miners ETF by 3.4% during the fourth quarter. Sanctuary Advisors LLC now owns 4,853 shares of the company’s stock worth $266,000 after purchasing an additional 161 shares during the last quarter. Truist Financial Corp grew its position in Sprott Uranium Miners ETF by 2.2% in the fourth quarter. Truist Financial Corp now owns 9,484 shares of the company’s stock valued at $521,000 after purchasing an additional 200 shares in the last quarter. Savvy Advisors Inc. increased its stake in Sprott Uranium Miners ETF by 0.5% in the 4th quarter. Savvy Advisors Inc. now owns 47,213 shares of the company’s stock valued at $2,592,000 after buying an additional 216 shares during the last quarter. Seelaus Asset Management LLC increased its stake in Sprott Uranium Miners ETF by 1.9% in the 4th quarter. Seelaus Asset Management LLC now owns 11,985 shares of the company’s stock valued at $658,000 after buying an additional 220 shares during the last quarter. Finally, Commons Capital LLC lifted its position in Sprott Uranium Miners ETF by 5.9% during the 3rd quarter. Commons Capital LLC now owns 4,583 shares of the company’s stock worth $277,000 after buying an additional 257 shares in the last quarter.

Sprott Uranium Miners ETF Price Performance

Sprott Uranium Miners ETF stock opened at $61.35 on Friday. The company has a market cap of $2.21 billion, a price-to-earnings ratio of 7.69 and a beta of 0.93. The firm has a 50-day moving average of $63.69 and a 200-day moving average of $63.76. Sprott Uranium Miners ETF has a one year low of $39.24 and a one year high of $84.95.

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.