Kraft Davis & Associates LLC Makes New Investment in VanEck Uranium and Nuclear ETF $NLR

Kraft Davis & Associates LLC acquired a new position in shares of VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) in the 3rd quarter, Holdings Channel reports. The fund acquired 5,344 shares of the company’s stock, valued at approximately $777,000.

A number of other hedge funds have also recently modified their holdings of NLR. Goldman Sachs Group Inc. lifted its position in VanEck Uranium and Nuclear ETF by 468.3% in the first quarter. Goldman Sachs Group Inc. now owns 36,764 shares of the company’s stock valued at $2,694,000 after acquiring an additional 30,295 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of VanEck Uranium and Nuclear ETF during the first quarter worth about $653,000. Janney Montgomery Scott LLC lifted its holdings in shares of VanEck Uranium and Nuclear ETF by 4.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 6,683 shares of the company’s stock valued at $743,000 after purchasing an additional 285 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of VanEck Uranium and Nuclear ETF by 9.6% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,980 shares of the company’s stock valued at $331,000 after purchasing an additional 260 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new position in VanEck Uranium and Nuclear ETF during the 2nd quarter worth approximately $48,000.

VanEck Uranium and Nuclear ETF Trading Up 5.5%

Shares of NYSEARCA NLR opened at $142.77 on Friday. The stock has a market cap of $4.57 billion, a P/E ratio of 26.00 and a beta of 0.75. VanEck Uranium and Nuclear ETF has a twelve month low of $64.26 and a twelve month high of $168.12. The stock has a 50 day moving average of $137.98 and a two-hundred day moving average of $133.15.

VanEck Uranium and Nuclear ETF Company Profile

The VanEck Uranium+Nuclear Energy ETF (NLR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies in the global nuclear energy industry. NLR was launched on Aug 13, 2007 and is managed by VanEck.