VanEck Uranium and Nuclear ETF $NLR Stock Sold by Sowell Financial Services LLC

Sowell Financial Services LLC cut its stake in shares of VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 62.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 5,708 shares of the company’s stock after selling 9,375 shares during the quarter. Sowell Financial Services LLC’s holdings in VanEck Uranium and Nuclear ETF were worth $591,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in NLR. Bank of America Corp DE increased its stake in VanEck Uranium and Nuclear ETF by 32.0% during the first quarter. Bank of America Corp DE now owns 1,148,995 shares of the company’s stock worth $153,035,000 after acquiring an additional 278,767 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of VanEck Uranium and Nuclear ETF by 17.5% in the 1st quarter. Cetera Investment Advisers now owns 470,983 shares of the company’s stock valued at $62,730,000 after purchasing an additional 70,294 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of VanEck Uranium and Nuclear ETF by 7.4% during the 1st quarter. Royal Bank of Canada now owns 412,036 shares of the company’s stock worth $54,878,000 after purchasing an additional 28,325 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of VanEck Uranium and Nuclear ETF by 17.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 307,328 shares of the company’s stock worth $35,644,000 after purchasing an additional 45,500 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in VanEck Uranium and Nuclear ETF by 41.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 153,659 shares of the company’s stock worth $17,821,000 after purchasing an additional 45,212 shares in the last quarter.

VanEck Uranium and Nuclear ETF Trading Down 2.3%

Shares of NLR stock opened at $89.65 on Tuesday. The company’s fifty day simple moving average is $106.21 and its 200-day simple moving average is $125.31. VanEck Uranium and Nuclear ETF has a 52 week low of $88.81 and a 52 week high of $165.21. The company has a market cap of $3.02 billion, a PE ratio of 26.00 and a beta of 0.88.

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.