158,543 Shares in Sprott Uranium Miners ETF $URNM Purchased by Marks Wealth LLC

Marks Wealth LLC purchased a new stake in shares of Sprott Uranium Miners ETF (NYSEARCA:URNM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 158,543 shares of the company’s stock, valued at approximately $9,581,000. Sprott Uranium Miners ETF accounts for 3.0% of Marks Wealth LLC’s investment portfolio, making the stock its 12th largest holding. Marks Wealth LLC owned about 0.49% of Sprott Uranium Miners ETF at the end of the most recent reporting period.

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

Sprott Uranium Miners ETF Trading Up 1.3%

NYSEARCA:URNM opened at $67.99 on Friday. The company has a 50-day moving average price of $57.29 and a 200-day moving average price of $54.67. Sprott Uranium Miners ETF has a 12 month low of $27.60 and a 12 month high of $68.95. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 7.69 and a beta of 1.00.

Sprott Uranium Miners ETF Announces Dividend

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

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.