Royal Bank of Canada Boosts Stake in VanEck Uranium and Nuclear ETF $NLR

Royal Bank of Canada raised its holdings in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 60.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 205,128 shares of the company’s stock after purchasing an additional 77,039 shares during the quarter. Royal Bank of Canada owned 1.62% of VanEck Uranium and Nuclear ETF worth $15,030,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of NLR. BNP Paribas Financial Markets acquired a new position in VanEck Uranium and Nuclear ETF during the 4th quarter worth $36,000. Allworth Financial LP boosted its position in shares of VanEck Uranium and Nuclear ETF by 95.2% during the 1st quarter. Allworth Financial LP now owns 449 shares of the company’s stock worth $35,000 after acquiring an additional 219 shares in the last quarter. US Bancorp DE boosted its position in shares of VanEck Uranium and Nuclear ETF by 232.6% during the 1st quarter. US Bancorp DE now owns 459 shares of the company’s stock worth $34,000 after acquiring an additional 321 shares in the last quarter. North Capital Inc. acquired a new stake in shares of VanEck Uranium and Nuclear ETF in the 1st quarter valued at about $37,000. Finally, Brentview Investment Management LLC acquired a new stake in shares of VanEck Uranium and Nuclear ETF in the 1st quarter valued at about $37,000.

VanEck Uranium and Nuclear ETF Stock Up 0.7%

NLR opened at $123.04 on Thursday. The business has a 50 day moving average price of $115.51 and a two-hundred day moving average price of $96.16. The company has a market cap of $2.18 billion, a PE ratio of 26.00 and a beta of 0.60. VanEck Uranium and Nuclear ETF has a 52 week low of $64.26 and a 52 week high of $124.56.

About VanEck Uranium and Nuclear ETF

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.