Crawford Fund Management LLC Makes New $8.26 Million Investment in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Crawford Fund Management LLC acquired a new stake in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 180,100 shares of the company’s stock, valued at approximately $8,263,000. Sprott Uranium Miners ETF accounts for 1.7% of Crawford Fund Management LLC’s portfolio, making the stock its 3rd biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in URNM. Cetera Investment Advisers lifted its holdings 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 valued at $3,540,000 after acquiring an additional 54,176 shares during the period. Cetera Advisors LLC bought a new position in shares of Sprott Uranium Miners ETF in the first quarter valued at about $250,000. Diversify Advisory Services LLC raised its holdings in shares of Sprott Uranium Miners ETF by 1.1% in the second quarter. Diversify Advisory Services LLC now owns 102,211 shares of the company’s stock valued at $5,121,000 after buying an additional 1,140 shares during the last quarter. Fermata Advisors LLC raised its holdings in shares of Sprott Uranium Miners ETF by 38.2% in the second quarter. Fermata Advisors LLC now owns 8,157 shares of the company’s stock valued at $402,000 after buying an additional 2,254 shares during the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in shares of Sprott Uranium Miners ETF in the second quarter valued at about $388,000.

Sprott Uranium Miners ETF Stock Up 0.5 %

Sprott Uranium Miners ETF stock opened at $47.47 on Friday. The stock has a 50-day simple moving average of $47.76 and a 200 day simple moving average of $47.55. Sprott Uranium Miners ETF has a 12-month low of $36.91 and a 12-month high of $60.17. The stock has a market capitalization of $1.55 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.