Sprott Uranium Miners ETF $URNM Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its holdings in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) by 8.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 104,339 shares of the company’s stock after selling 9,662 shares during the period. Envestnet Asset Management Inc. owned about 0.33% of Sprott Uranium Miners ETF worth $6,305,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Fortitude Family Office LLC purchased a new position in Sprott Uranium Miners ETF in the third quarter valued at about $25,000. Farther Finance Advisors LLC raised its position in shares of Sprott Uranium Miners ETF by 865.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 502 shares of the company’s stock valued at $30,000 after purchasing an additional 450 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of Sprott Uranium Miners ETF during the 2nd quarter valued at approximately $29,000. Glassman Wealth Services acquired a new stake in shares of Sprott Uranium Miners ETF during the second quarter worth approximately $32,000. Finally, Allworth Financial LP grew its position in shares of Sprott Uranium Miners ETF by 265.7% during the second quarter. Allworth Financial LP now owns 768 shares of the company’s stock worth $37,000 after buying an additional 558 shares in the last quarter.

Sprott Uranium Miners ETF Price Performance

URNM opened at $73.49 on Friday. Sprott Uranium Miners ETF has a 12-month low of $27.60 and a 12-month high of $84.95. The stock has a market capitalization of $2.49 billion, a PE ratio of 7.69 and a beta of 1.00. The firm’s fifty day moving average price is $66.00 and its 200 day moving average price is $59.30.

Sprott Uranium Miners ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Monday, December 22nd. Stockholders of record on Thursday, December 18th were paid a $1.7432 dividend. This represents a dividend yield of 339.0%. The ex-dividend date was Thursday, December 18th.

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.