Compass Financial Group INC SD Makes New Investment in Sprott Uranium Miners ETF $URNM

Compass Financial Group INC SD acquired a new position in Sprott Uranium Miners ETF (NYSEARCA:URNM) in the 2nd quarter, Holdings Channel reports. The firm acquired 6,600 shares of the company’s stock, valued at approximately $316,000.

Several other institutional investors and hedge funds have also bought and sold shares of URNM. Ameritas Advisory Services LLC bought a new position in shares of Sprott Uranium Miners ETF during the second quarter valued at approximately $886,000. Truist Financial Corp bought a new position in shares of Sprott Uranium Miners ETF during the second quarter valued at approximately $291,000. Oak Family Advisors LLC bought a new position in shares of Sprott Uranium Miners ETF during the second quarter valued at approximately $1,115,000. Maridea Wealth Management LLC bought a new position in shares of Sprott Uranium Miners ETF during the second quarter valued at approximately $211,000. Finally, E&G Advisors LP bought a new position in shares of Sprott Uranium Miners ETF during the second quarter valued at approximately $254,000.

Sprott Uranium Miners ETF Stock Performance

Shares of NYSEARCA URNM opened at $59.70 on Friday. Sprott Uranium Miners ETF has a fifty-two week low of $27.60 and a fifty-two week high of $62.12. The company has a 50 day simple moving average of $51.86 and a two-hundred day simple moving average of $43.78. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 7.69 and a beta of 1.42.

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.