Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Trading Up 3.4% – Still a Buy?

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) shares shot up 3.4% during mid-day trading on Thursday . The stock traded as high as $35.23 and last traded at $34.63. 780,217 shares were traded during mid-day trading, an increase of 13% from the average session volume of 689,552 shares. The stock had previously closed at $33.49.

Sprott Junior Uranium Miners ETF Stock Up 3.4%

The company’s 50 day moving average price is $30.60 and its 200 day moving average price is $27.80.

Sprott Junior Uranium Miners ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Monday, December 22nd. Shareholders of record on Thursday, December 18th were issued a $1.659 dividend. This represents a yield of 698.0%. The ex-dividend date of this dividend was Thursday, December 18th.

Hedge Funds Weigh In On Sprott Junior Uranium Miners ETF

A number of large investors have recently modified their holdings of URNJ. Kingsview Wealth Management LLC purchased a new stake in shares of Sprott Junior Uranium Miners ETF in the fourth quarter valued at approximately $6,404,000. Banco BTG Pactual S.A. acquired a new stake in Sprott Junior Uranium Miners ETF in the fourth quarter valued at $3,926,000. National Bank of Canada FI boosted its position in shares of Sprott Junior Uranium Miners ETF by 68.5% during the 3rd quarter. National Bank of Canada FI now owns 92,602 shares of the company’s stock worth $2,680,000 after purchasing an additional 37,653 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Sprott Junior Uranium Miners ETF by 111.4% during the 2nd quarter. Cetera Investment Advisers now owns 78,218 shares of the company’s stock worth $1,653,000 after purchasing an additional 41,210 shares in the last quarter. Finally, One Plus One Wealth Management LLC grew its stake in shares of Sprott Junior Uranium Miners ETF by 19.6% during the 4th quarter. One Plus One Wealth Management LLC now owns 66,566 shares of the company’s stock worth $1,677,000 after purchasing an additional 10,922 shares during the period.

About Sprott Junior Uranium Miners ETF

The Sprott Junior Uranium Miners ETF (URNJ) is an exchange-traded fund that is based on the Nasdaq Sprott Junior Uranium Miners index. The fund seeks to track an index of small cap uranium miners around the globe, primarily those with revenues tied to the uranium mining and uranium industry. Securities are selected using a fundamental, proprietary methodology and weighted by market cap. URNJ was launched on Dec 3, 2019 and is managed by Sprott.