Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Stock Price Down 1.9% – Time to Sell?

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ)’s share price dropped 1.9% on Tuesday. The stock traded as low as $18.21 and last traded at $18.32. 762,758 shares traded hands during trading, an increase of 87% from the average session volume of 407,342 shares. The stock had previously closed at $18.67.

Sprott Junior Uranium Miners ETF Stock Up 3.7%

The stock’s fifty day moving average price is $23.26 and its 200-day moving average price is $25.49.

Institutional Trading of Sprott Junior Uranium Miners ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Tactive Advisors LLC raised its position in shares of Sprott Junior Uranium Miners ETF by 24.1% in the third quarter. Tactive Advisors LLC now owns 40,815 shares of the company’s stock valued at $824,000 after purchasing an additional 7,935 shares during the period. Compass Financial Management LLC bought a new stake in shares of Sprott Junior Uranium Miners ETF during the 2nd quarter worth $215,000. TD Waterhouse Canada Inc. bought a new stake in shares of Sprott Junior Uranium Miners ETF during the second quarter worth $32,000. WIT Partners Advisory Pte. Ltd. increased its stake in shares of Sprott Junior Uranium Miners ETF by 44.5% in the second quarter. WIT Partners Advisory Pte. Ltd. now owns 58,150 shares of the company’s stock valued at $1,351,000 after buying an additional 17,900 shares during the period. Finally, Allied Private Wealth LLC acquired a new position in Sprott Junior Uranium Miners ETF during the 2nd quarter worth about $39,000.

About Sprott Junior Uranium Miners ETF

The Sprott Junior Uranium Miners ETF (URNJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Uranium Miners index. The fund seeks to track an index of small cap uranium miners around the globe, primarily those with revenues tied to the uranium mining and uranium industry. Securities are selected using a fundamental, proprietary methodology and weighted by market cap. URNJ was launched on Dec 3, 2019 and is managed by Sprott.