Cetera Investment Advisers Trims Stock Position in Sprott Uranium Miners ETF $URNM

Cetera Investment Advisers trimmed its stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 16.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,095 shares of the company’s stock after selling 7,939 shares during the period. Cetera Investment Advisers owned 0.11% of Sprott Uranium Miners ETF worth $1,922,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Glassman Wealth Services bought a new position in Sprott Uranium Miners ETF in the second quarter worth about $32,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Sprott Uranium Miners ETF by 65.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,101 shares of the company’s stock worth $36,000 after acquiring an additional 437 shares during the period. Allworth Financial LP raised its position in shares of Sprott Uranium Miners ETF by 265.7% in the 2nd quarter. Allworth Financial LP now owns 768 shares of the company’s stock worth $37,000 after acquiring an additional 558 shares in the last quarter. Harbour Investments Inc. lifted its stake in shares of Sprott Uranium Miners ETF by 19.9% in the 2nd quarter. Harbour Investments Inc. now owns 1,265 shares of the company’s stock valued at $61,000 after purchasing an additional 210 shares during the period. Finally, St. Johns Investment Management Company LLC bought a new stake in shares of Sprott Uranium Miners ETF during the second quarter valued at approximately $65,000.

Sprott Uranium Miners ETF Stock Up 1.0%

Shares of URNM stock opened at $55.59 on Friday. The business’s fifty day moving average is $58.71 and its 200 day moving average is $50.87. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of 7.69 and a beta of 1.00. Sprott Uranium Miners ETF has a twelve month low of $27.60 and a twelve month high of $68.55.

About Sprott Uranium Miners ETF

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.