Savvy Advisors Inc. Purchases New Stake in VanEck Uranium and Nuclear ETF $NLR

Savvy Advisors Inc. acquired a new position in shares of VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) during the fourth quarter, HoldingsChannel reports. The fund acquired 7,738 shares of the company’s stock, valued at approximately $961,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Pandora Wealth Inc. purchased a new stake in VanEck Uranium and Nuclear ETF during the third quarter worth about $31,000. Valley National Advisers Inc. boosted its holdings in VanEck Uranium and Nuclear ETF by 62.1% during the third quarter. Valley National Advisers Inc. now owns 261 shares of the company’s stock worth $35,000 after buying an additional 100 shares in the last quarter. Bangor Savings Bank purchased a new stake in VanEck Uranium and Nuclear ETF during the fourth quarter worth about $35,000. Atlantic Union Bankshares Corp boosted its holdings in VanEck Uranium and Nuclear ETF by 250.0% during the third quarter. Atlantic Union Bankshares Corp now owns 350 shares of the company’s stock worth $47,000 after buying an additional 250 shares in the last quarter. Finally, Coastline Trust Co purchased a new stake in VanEck Uranium and Nuclear ETF during the fourth quarter worth about $45,000.

VanEck Uranium and Nuclear ETF Trading Down 1.5%

NLR stock opened at $131.34 on Wednesday. The company has a market cap of $4.57 billion, a P/E ratio of 26.00 and a beta of 0.84. VanEck Uranium and Nuclear ETF has a 52 week low of $66.15 and a 52 week high of $168.12. The company’s 50-day moving average price is $141.37 and its 200 day moving average price is $139.56.

About VanEck Uranium and Nuclear ETF

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.