Bridgewater Associates LP Acquires 18,864 Shares of Sprott Uranium Miners ETF (NYSEARCA:URNM)

Bridgewater Associates LP raised its stake in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 8.5% during the 3rd quarter, Holdings Channel reports. The fund owned 239,811 shares of the company’s stock after purchasing an additional 18,864 shares during the period. Bridgewater Associates LP’s holdings in Sprott Uranium Miners ETF were worth $11,003,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC raised its stake in shares of Sprott Uranium Miners ETF by 8,026.4% during the 3rd quarter. International Assets Investment Management LLC now owns 146,357 shares of the company’s stock worth $6,715,000 after acquiring an additional 144,556 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Sprott Uranium Miners ETF by 307.2% during the first quarter. Cetera Investment Advisers now owns 71,811 shares of the company’s stock worth $3,540,000 after purchasing an additional 54,176 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of Sprott Uranium Miners ETF by 13.3% during the 2nd quarter. Raymond James & Associates now owns 49,570 shares of the company’s stock valued at $2,441,000 after purchasing an additional 5,826 shares during the last quarter. Cetera Advisors LLC acquired a new stake in shares of Sprott Uranium Miners ETF in the 1st quarter worth $250,000. Finally, Creative Planning grew its stake in Sprott Uranium Miners ETF by 25.7% during the 3rd quarter. Creative Planning now owns 23,455 shares of the company’s stock worth $1,076,000 after buying an additional 4,794 shares during the last quarter.

Sprott Uranium Miners ETF Price Performance

Shares of NYSEARCA:URNM opened at $47.47 on Friday. The business’s 50-day moving average is $47.76 and its 200 day moving average is $47.55. Sprott Uranium Miners ETF has a 1 year low of $36.91 and a 1 year high of $60.17. The firm has a market capitalization of $1.55 billion, a P/E ratio of 27.29 and a beta of 1.02.

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.