Sprott Uranium Miners ETF $URNM Shares Sold by Garnet Equity Capital Holdings Inc.

Garnet Equity Capital Holdings Inc. lessened its position in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 34.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 130,860 shares of the company’s stock after selling 70,000 shares during the period. Sprott Uranium Miners ETF comprises 1.5% of Garnet Equity Capital Holdings Inc.’s portfolio, making the stock its 16th largest holding. Garnet Equity Capital Holdings Inc. owned approximately 0.37% of Sprott Uranium Miners ETF worth $6,272,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in Sprott Uranium Miners ETF by 77.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 107,174 shares of the company’s stock worth $3,477,000 after buying an additional 46,940 shares during the last quarter. Bleakley Financial Group LLC grew its holdings in Sprott Uranium Miners ETF by 86.3% in the first quarter. Bleakley Financial Group LLC now owns 20,936 shares of the company’s stock valued at $679,000 after purchasing an additional 9,698 shares during the period. Pettinga Financial Advisors LLC increased its position in Sprott Uranium Miners ETF by 14.0% during the first quarter. Pettinga Financial Advisors LLC now owns 78,709 shares of the company’s stock worth $2,553,000 after purchasing an additional 9,637 shares during the last quarter. Avantax Advisory Services Inc. raised its stake in Sprott Uranium Miners ETF by 6.4% during the first quarter. Avantax Advisory Services Inc. now owns 15,242 shares of the company’s stock worth $494,000 after purchasing an additional 912 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Sprott Uranium Miners ETF by 65.8% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,101 shares of the company’s stock valued at $36,000 after purchasing an additional 437 shares during the last quarter.

Sprott Uranium Miners ETF Stock Down 0.3%

URNM stock opened at $56.83 on Thursday. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 7.69 and a beta of 1.00. The business has a fifty day simple moving average of $58.87 and a 200-day simple moving average of $49.42. Sprott Uranium Miners ETF has a 52 week low of $27.60 and a 52 week high of $68.55.

Sprott Uranium Miners ETF Company 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.