Prospera Financial Services Inc Buys 15,185 Shares of Sprott Uranium Miners ETF $URNM

Prospera Financial Services Inc grew its stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 15.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,137 shares of the company’s stock after acquiring an additional 15,185 shares during the period. Prospera Financial Services Inc owned 0.32% of Sprott Uranium Miners ETF worth $5,470,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Redwood Wealth Management Group LLC boosted its holdings in shares of Sprott Uranium Miners ETF by 6.0% in the second quarter. Redwood Wealth Management Group LLC now owns 8,853 shares of the company’s stock valued at $424,000 after purchasing an additional 500 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in Sprott Uranium Miners ETF by 13.4% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 11,985 shares of the company’s stock valued at $574,000 after purchasing an additional 1,420 shares in the last quarter. Savvy Advisors Inc. lifted its holdings in shares of Sprott Uranium Miners ETF by 0.7% in the 2nd quarter. Savvy Advisors Inc. now owns 48,549 shares of the company’s stock worth $2,327,000 after buying an additional 318 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Sprott Uranium Miners ETF by 6.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 114,001 shares of the company’s stock worth $5,464,000 after buying an additional 6,827 shares in the last quarter. Finally, Anthracite Investment Company Inc. bought a new position in shares of Sprott Uranium Miners ETF during the 2nd quarter worth $561,000.

Sprott Uranium Miners ETF Price Performance

URNM stock opened at $55.68 on Friday. Sprott Uranium Miners ETF has a 1-year low of $27.60 and a 1-year high of $68.55. The business has a 50-day moving average price of $58.51 and a 200 day moving average price of $48.92. The company has a market capitalization of $1.79 billion, a P/E ratio of 7.69 and a beta of 1.00.

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.