Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Shares Down 1.6% – Should You Sell?

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ)’s stock price fell 1.6% during trading on Thursday . The stock traded as low as $29.31 and last traded at $29.56. 277,954 shares were traded during trading, a decline of 53% from the average session volume of 593,709 shares. The stock had previously closed at $30.03.

Sprott Junior Uranium Miners ETF Trading Down 1.0%

The stock has a fifty day moving average price of $26.33 and a two-hundred day moving average price of $25.35.

Sprott Junior Uranium Miners ETF Dividend Announcement

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

Institutional Trading of Sprott Junior Uranium Miners ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of Sprott Junior Uranium Miners ETF during the 2nd quarter worth $55,000. Simplex Trading LLC purchased a new position in Sprott Junior Uranium Miners ETF during the second quarter worth about $134,000. Group One Trading LLC grew its holdings in shares of Sprott Junior Uranium Miners ETF by 103.2% during the second quarter. Group One Trading LLC now owns 6,531 shares of the company’s stock worth $138,000 after purchasing an additional 210,022 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of Sprott Junior Uranium Miners ETF in the 3rd quarter worth $143,000. Finally, Pekin Hardy Strauss Inc. bought a new position in Sprott Junior Uranium Miners ETF in the third quarter valued at $211,000.

Sprott Junior Uranium Miners ETF Company Profile

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.