Arlington Capital Management Inc. Acquires Shares of 60,414 Sprott Uranium Miners ETF (NYSEARCA:URNM)

Arlington Capital Management Inc. acquired a new stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 60,414 shares of the company’s stock, valued at approximately $2,916,000. Sprott Uranium Miners ETF comprises approximately 2.7% of Arlington Capital Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Arlington Capital Management Inc. owned about 0.22% of Sprott Uranium Miners ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of URNM. Trivant Custom Portfolio Group LLC lifted its position in shares of Sprott Uranium Miners ETF by 22.2% during the 4th quarter. Trivant Custom Portfolio Group LLC now owns 1,100 shares of the company’s stock valued at $53,000 after acquiring an additional 200 shares during the period. Pekin Hardy Strauss Inc. raised its position in shares of Sprott Uranium Miners ETF by 4.8% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 7,755 shares of the company’s stock worth $374,000 after buying an additional 355 shares during the period. Kestra Advisory Services LLC increased its position in shares of Sprott Uranium Miners ETF by 6.9% in the third quarter. Kestra Advisory Services LLC now owns 8,119 shares of the company’s stock worth $383,000 after acquiring an additional 527 shares in the last quarter. Anchor Investment Management LLC acquired a new stake in Sprott Uranium Miners ETF in the fourth quarter valued at approximately $35,000. Finally, Fermata Advisors LLC grew its stake in Sprott Uranium Miners ETF by 22.0% during the 4th quarter. Fermata Advisors LLC now owns 6,053 shares of the company’s stock valued at $292,000 after purchasing an additional 1,093 shares in the last quarter.

Sprott Uranium Miners ETF Stock Up 2.7 %

URNM stock traded up $1.44 during trading on Thursday, hitting $55.49. 84,133 shares of the company’s stock traded hands, compared to its average volume of 707,378. Sprott Uranium Miners ETF has a 52 week low of $28.79 and a 52 week high of $58.96. The stock has a fifty day moving average price of $50.44 and a two-hundred day moving average price of $50.07. The stock has a market capitalization of $1.81 billion, a price-to-earnings 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.