Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) Hits New 1-Year High – What’s Next?

Sprott Junior Uranium Miners ETF (NASDAQ:URNJ) hit a new 52-week high on Thursday . The company traded as high as $35.59 and last traded at $35.3690, with a volume of 409034 shares traded. The stock had previously closed at $34.30.

Sprott Junior Uranium Miners ETF Price Performance

The firm’s 50-day moving average is $27.10 and its 200 day moving average is $25.95.

Sprott Junior Uranium Miners ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Monday, December 22nd. Stockholders of record on Thursday, December 18th were given a $1.659 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a dividend yield of 698.0%.

Institutional Trading of Sprott Junior Uranium Miners ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. National Bank of Canada FI increased its stake in shares of Sprott Junior Uranium Miners ETF by 68.5% in the 3rd quarter. National Bank of Canada FI now owns 92,602 shares of the company’s stock valued at $2,680,000 after acquiring an additional 37,653 shares in the last quarter. Cetera Investment Advisers grew its holdings in Sprott Junior Uranium Miners ETF by 111.4% in the second quarter. Cetera Investment Advisers now owns 78,218 shares of the company’s stock worth $1,653,000 after purchasing an additional 41,210 shares during the period. One Plus One Wealth Management LLC increased its stake in Sprott Junior Uranium Miners ETF by 19.6% in the fourth quarter. One Plus One Wealth Management LLC now owns 66,566 shares of the company’s stock valued at $1,677,000 after purchasing an additional 10,922 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Sprott Junior Uranium Miners ETF by 1.6% during the third quarter. NewEdge Advisors LLC now owns 53,672 shares of the company’s stock valued at $1,565,000 after purchasing an additional 870 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in shares of Sprott Junior Uranium Miners ETF during the third quarter valued at about $995,000.

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.