Kercheville Advisors LLC Has $296,000 Stock Position in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Kercheville Advisors LLC lowered its stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 35.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 7,350 shares of the company’s stock after selling 4,000 shares during the period. Kercheville Advisors LLC’s holdings in Sprott Uranium Miners ETF were worth $296,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Global Trust Asset Management LLC acquired a new position in shares of Sprott Uranium Miners ETF during the 3rd quarter worth approximately $28,000. Capital Performance Advisors LLP bought a new position in Sprott Uranium Miners ETF in the 3rd quarter valued at approximately $65,000. Spire Wealth Management bought a new position in Sprott Uranium Miners ETF in the 4th quarter valued at approximately $115,000. Chicago Partners Investment Group LLC bought a new position in Sprott Uranium Miners ETF in the 3rd quarter valued at approximately $209,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in Sprott Uranium Miners ETF by 98.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,748 shares of the company’s stock valued at $234,000 after acquiring an additional 2,356 shares during the period.

Sprott Uranium Miners ETF Stock Performance

Shares of NYSEARCA URNM opened at $41.04 on Thursday. Sprott Uranium Miners ETF has a 52-week low of $36.91 and a 52-week high of $60.17. The firm has a 50 day moving average price of $42.81 and a two-hundred day moving average price of $44.14. The stock has a market cap of $1.34 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.