Independent Advisor Alliance Invests $750,000 in VanEck Uranium and Nuclear ETF $NLR

Independent Advisor Alliance purchased a new stake in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,531 shares of the company’s stock, valued at approximately $750,000.

A number of other hedge funds have also recently bought and sold shares of the business. Goldman Sachs Group Inc. raised its position in shares of VanEck Uranium and Nuclear ETF by 468.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 36,764 shares of the company’s stock valued at $2,694,000 after purchasing an additional 30,295 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of VanEck Uranium and Nuclear ETF in the first quarter worth $653,000. Janney Montgomery Scott LLC increased its stake in shares of VanEck Uranium and Nuclear ETF by 4.5% in the second quarter. Janney Montgomery Scott LLC now owns 6,683 shares of the company’s stock worth $743,000 after buying an additional 285 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in VanEck Uranium and Nuclear ETF by 9.6% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,980 shares of the company’s stock valued at $331,000 after acquiring an additional 260 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in VanEck Uranium and Nuclear ETF during the 2nd quarter valued at $48,000.

VanEck Uranium and Nuclear ETF Price Performance

Shares of NLR stock opened at $142.01 on Thursday. The firm has a fifty day moving average of $137.58 and a two-hundred day moving average of $132.94. The firm has a market cap of $4.55 billion, a P/E ratio of 26.00 and a beta of 0.75. VanEck Uranium and Nuclear ETF has a 1-year low of $64.26 and a 1-year high of $168.12.

VanEck Uranium and Nuclear ETF 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.