Freemont Management S.A. Invests $947,000 in Sprott Uranium Miners ETF $URNM

Freemont Management S.A. purchased a new position in Sprott Uranium Miners ETF (NYSEARCA:URNM) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 15,000 shares of the company’s stock, valued at approximately $947,000.

Several other institutional investors have also bought and sold shares of the company. Knuff & Co LLC bought a new position in Sprott Uranium Miners ETF during the fourth quarter valued at $31,000. Longview Financial Advisors Inc. bought a new stake in shares of Sprott Uranium Miners ETF in the first quarter valued at $32,000. Main Street Group LTD purchased a new position in shares of Sprott Uranium Miners ETF during the 1st quarter valued at $44,000. IFP Advisors Inc purchased a new position in shares of Sprott Uranium Miners ETF during the 3rd quarter valued at $44,000. Finally, Caitlin John LLC grew its stake in shares of Sprott Uranium Miners ETF by 25.9% during the 4th quarter. Caitlin John LLC now owns 850 shares of the company’s stock worth $47,000 after acquiring an additional 175 shares during the period.

Sprott Uranium Miners ETF Stock Performance

URNM stock opened at $48.22 on Friday. The stock has a fifty day moving average of $56.41 and a 200-day moving average of $63.46. Sprott Uranium Miners ETF has a fifty-two week low of $43.10 and a fifty-two week high of $84.95. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 7.69 and a beta of 0.91.

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.