Sprott Uranium Miners ETF Target of Unusually High Options Trading (NYSEARCA:URNM)

Sprott Uranium Miners ETF (NYSEARCA:URNM) saw unusually large options trading activity on Tuesday. Investors purchased 2,171 put options on the stock. This is an increase of approximately 59% compared to the typical daily volume of 1,368 put options.

Sprott Uranium Miners ETF Stock Up 0.6 %

NYSEARCA URNM opened at $33.50 on Thursday. The stock has a market capitalization of $1.22 billion, a PE ratio of 7.86 and a beta of 1.11. The company has a 50 day moving average price of $39.10 and a two-hundred day moving average price of $43.05. Sprott Uranium Miners ETF has a 12-month low of $31.93 and a 12-month high of $60.17.

Institutional Investors Weigh In On Sprott Uranium Miners ETF

Institutional investors have recently bought and sold shares of the business. Pettinga Financial Advisors LLC raised its holdings in Sprott Uranium Miners ETF by 1.1% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 70,250 shares of the company’s stock worth $3,223,000 after purchasing an additional 745 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Sprott Uranium Miners ETF by 40.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 24,909 shares of the company’s stock valued at $1,143,000 after acquiring an additional 7,186 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its stake in shares of Sprott Uranium Miners ETF by 15.6% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 69,693 shares of the company’s stock valued at $3,198,000 after acquiring an additional 9,400 shares during the last quarter. Private Wealth Advisors LLC increased its stake in Sprott Uranium Miners ETF by 105.0% during the 3rd quarter. Private Wealth Advisors LLC now owns 65,550 shares of the company’s stock worth $3,084,000 after purchasing an additional 33,582 shares in the last quarter. Finally, Black Swift Group LLC increased its stake in Sprott Uranium Miners ETF by 7.5% during the 3rd quarter. Black Swift Group LLC now owns 6,450 shares of the company’s stock worth $296,000 after purchasing an additional 450 shares in the last quarter.

Sprott Uranium Miners ETF Company 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.