Sprott Uranium Miners ETF $URNM Shares Sold by Arvest Investments Inc.

Arvest Investments Inc. lowered its holdings in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 23.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 43,729 shares of the company’s stock after selling 13,227 shares during the period. Arvest Investments Inc. owned about 0.13% of Sprott Uranium Miners ETF worth $2,643,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Anatole Investment Management Ltd acquired a new stake in shares of Sprott Uranium Miners ETF during the 2nd quarter valued at approximately $40,563,000. KADENSA CAPITAL Ltd increased its stake in Sprott Uranium Miners ETF by 92.3% during the 1st quarter. KADENSA CAPITAL Ltd now owns 567,795 shares of the company’s stock valued at $18,419,000 after buying an additional 272,594 shares during the period. Group One Trading LLC lifted its position in Sprott Uranium Miners ETF by 99.5% in the second quarter. Group One Trading LLC now owns 227,989 shares of the company’s stock worth $10,928,000 after purchasing an additional 113,699 shares during the period. Trek Financial LLC bought a new position in Sprott Uranium Miners ETF during the second quarter valued at about $8,771,000. Finally, Prospera Financial Services Inc grew its stake in shares of Sprott Uranium Miners ETF by 15.3% in the 2nd quarter. Prospera Financial Services Inc now owns 114,137 shares of the company’s stock worth $5,470,000 after purchasing an additional 15,185 shares during the last quarter.

Sprott Uranium Miners ETF Stock Performance

NYSEARCA URNM opened at $55.70 on Monday. Sprott Uranium Miners ETF has a 1 year low of $27.60 and a 1 year high of $68.55. The stock has a market capitalization of $1.79 billion, a P/E ratio of 7.69 and a beta of 1.00. The business’s fifty day moving average is $57.55 and its two-hundred day moving average is $52.79.

Sprott Uranium Miners ETF Announces Dividend

The company also recently announced an annual dividend, which will be paid on Monday, December 22nd. Shareholders of record on Thursday, December 18th will be issued a $1.7432 dividend. This represents a dividend yield of 339.0%. The ex-dividend date is Thursday, December 18th.

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.