VanEck Uranium and Nuclear ETF $NLR Stake Lowered by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. decreased its stake in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 98.8% in the 3rd quarter, Holdings Channel reports. The firm owned 2,565 shares of the company’s stock after selling 207,100 shares during the quarter. Avantax Planning Partners Inc.’s holdings in VanEck Uranium and Nuclear ETF were worth $265,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in NLR. Bank of America Corp DE grew its position in VanEck Uranium and Nuclear ETF by 32.0% during the first quarter. Bank of America Corp DE now owns 1,148,995 shares of the company’s stock worth $153,035,000 after buying an additional 278,767 shares during the period. Cetera Investment Advisers boosted its stake in shares of VanEck Uranium and Nuclear ETF by 17.5% during the 1st quarter. Cetera Investment Advisers now owns 470,983 shares of the company’s stock worth $62,730,000 after acquiring an additional 70,294 shares in the last quarter. Royal Bank of Canada boosted its stake in shares of VanEck Uranium and Nuclear ETF by 7.4% during the 1st quarter. Royal Bank of Canada now owns 412,036 shares of the company’s stock worth $54,878,000 after acquiring an additional 28,325 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of VanEck Uranium and Nuclear ETF by 17.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 307,328 shares of the company’s stock worth $35,644,000 after acquiring an additional 45,500 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of VanEck Uranium and Nuclear ETF by 41.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 153,659 shares of the company’s stock worth $17,821,000 after acquiring an additional 45,212 shares in the last quarter.

VanEck Uranium and Nuclear ETF Price Performance

NLR opened at $94.57 on Tuesday. The stock has a market cap of $3.16 billion, a P/E ratio of 26.89 and a beta of 0.91. The stock’s 50 day simple moving average is $102.94 and its 200 day simple moving average is $123.86. VanEck Uranium and Nuclear ETF has a 1-year low of $83.01 and a 1-year high of $165.21.

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.