Glenorchy Capital Ltd Makes New Investment in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Glenorchy Capital Ltd acquired a new position in Sprott Uranium Miners ETF (NYSEARCA:URNM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 224,954 shares of the company’s stock, valued at approximately $10,859,000. Sprott Uranium Miners ETF makes up 4.2% of Glenorchy Capital Ltd’s portfolio, making the stock its biggest holding. Glenorchy Capital Ltd owned about 0.83% of Sprott Uranium Miners ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Anchor Investment Management LLC purchased a new position in shares of Sprott Uranium Miners ETF in the fourth quarter valued at $35,000. Trivant Custom Portfolio Group LLC purchased a new position in shares of Sprott Uranium Miners ETF in the third quarter valued at $42,000. SRS Capital Advisors Inc. purchased a new position in shares of Sprott Uranium Miners ETF in the third quarter valued at $88,000. National Bank of Canada FI purchased a new position in shares of Sprott Uranium Miners ETF in the third quarter valued at $91,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Sprott Uranium Miners ETF by 78.5% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,171 shares of the company’s stock valued at $198,000 after buying an additional 1,834 shares in the last quarter.

Sprott Uranium Miners ETF Trading Up 1.0 %

Shares of URNM stock traded up $0.49 during mid-day trading on Tuesday, reaching $50.34. The stock had a trading volume of 207,729 shares, compared to its average volume of 736,565. The company has a market cap of $1.62 billion, a P/E ratio of 26.97 and a beta of 0.95. Sprott Uranium Miners ETF has a 12-month low of $28.79 and a 12-month high of $58.96. The business has a 50-day simple moving average of $50.05 and a 200 day simple moving average of $49.45.

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.