Axxcess Wealth Management LLC Has $2.77 Million Stock Holdings in Sprott Uranium Miners ETF $URNM

Axxcess Wealth Management LLC grew its holdings in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 46.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,773 shares of the company’s stock after buying an additional 18,273 shares during the period. Axxcess Wealth Management LLC owned 0.16% of Sprott Uranium Miners ETF worth $2,769,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. KADENSA CAPITAL Ltd increased its stake in shares of Sprott Uranium Miners ETF by 92.3% during the first quarter. KADENSA CAPITAL Ltd now owns 567,795 shares of the company’s stock worth $18,419,000 after purchasing an additional 272,594 shares during the period. Fielder Capital Group LLC increased its stake in shares of Sprott Uranium Miners ETF by 42.7% during the first quarter. Fielder Capital Group LLC now owns 231,292 shares of the company’s stock worth $7,503,000 after purchasing an additional 69,246 shares during the period. Royal Bank of Canada increased its stake in shares of Sprott Uranium Miners ETF by 127.5% during the first quarter. Royal Bank of Canada now owns 86,993 shares of the company’s stock worth $2,822,000 after purchasing an additional 48,746 shares during the period. Savvy Advisors Inc. bought a new position in shares of Sprott Uranium Miners ETF during the first quarter worth approximately $1,565,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of Sprott Uranium Miners ETF by 77.9% during the first quarter. Envestnet Asset Management Inc. now owns 107,174 shares of the company’s stock worth $3,477,000 after purchasing an additional 46,940 shares during the period.

Sprott Uranium Miners ETF Trading Up 4.5%

Shares of NYSEARCA URNM opened at $66.33 on Wednesday. The firm has a market cap of $2.18 billion, a P/E ratio of 7.69 and a beta of 1.42. Sprott Uranium Miners ETF has a 1-year low of $27.60 and a 1-year high of $67.90. The business’s 50 day moving average is $54.08 and its 200-day moving average is $45.13.

About Sprott Uranium Miners ETF

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.