Stonegate Investment Group LLC Acquires Shares of 6,575 VanEck Uranium and Nuclear ETF $NLR

Stonegate Investment Group LLC acquired a new position in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,575 shares of the company’s stock, valued at approximately $892,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans bought a new position in VanEck Uranium and Nuclear ETF in the 2nd quarter valued at $14,924,000. SMI Advisory Services LLC bought a new stake in shares of VanEck Uranium and Nuclear ETF during the 2nd quarter worth $9,915,000. Sage Private Wealth Group LLC purchased a new position in shares of VanEck Uranium and Nuclear ETF in the 3rd quarter worth about $10,963,000. Rockport Wealth LLC boosted its holdings in shares of VanEck Uranium and Nuclear ETF by 70.5% in the 2nd quarter. Rockport Wealth LLC now owns 176,497 shares of the company’s stock worth $19,623,000 after buying an additional 73,000 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in VanEck Uranium and Nuclear ETF by 87.7% during the third quarter. Commonwealth Equity Services LLC now owns 136,730 shares of the company’s stock valued at $18,547,000 after buying an additional 63,887 shares during the period.

VanEck Uranium and Nuclear ETF Stock Up 4.8%

VanEck Uranium and Nuclear ETF stock opened at $155.70 on Wednesday. The firm has a 50 day moving average price of $134.45 and a 200-day moving average price of $131.48. VanEck Uranium and Nuclear ETF has a twelve month low of $64.26 and a twelve month high of $168.12. The company has a market capitalization of $4.77 billion, a P/E ratio of 26.00 and a beta of 0.75.

VanEck Uranium and Nuclear ETF Profile

The VanEck Uranium+Nuclear Energy ETF (NLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.