Price Capital Management Inc. Cuts Stock Holdings in VanEck Uranium and Nuclear ETF $NLR

Price Capital Management Inc. lessened its stake in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) by 97.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,500 shares of the company’s stock after selling 54,720 shares during the quarter. VanEck Uranium and Nuclear ETF comprises 1.5% of Price Capital Management Inc.’s holdings, making the stock its 3rd largest position. Price Capital Management Inc.’s holdings in VanEck Uranium and Nuclear ETF were worth $200,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NLR. Goldman Sachs Group Inc. lifted its holdings in VanEck Uranium and Nuclear ETF by 468.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 36,764 shares of the company’s stock valued at $2,694,000 after buying an additional 30,295 shares in the last quarter. Empowered Funds LLC bought a new position in VanEck Uranium and Nuclear ETF in the 1st quarter worth about $653,000. JPMorgan Chase & Co. increased its position in shares of VanEck Uranium and Nuclear ETF by 197.5% during the second quarter. JPMorgan Chase & Co. now owns 592 shares of the company’s stock worth $66,000 after acquiring an additional 393 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of VanEck Uranium and Nuclear ETF by 60.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,100 shares of the company’s stock valued at $122,000 after acquiring an additional 413 shares in the last quarter. Finally, Walleye Capital LLC bought a new stake in shares of VanEck Uranium and Nuclear ETF during the second quarter valued at approximately $440,000.

VanEck Uranium and Nuclear ETF Stock Performance

Shares of NYSEARCA NLR opened at $144.14 on Friday. VanEck Uranium and Nuclear ETF has a 52-week low of $83.01 and a 52-week high of $168.12. The firm has a market capitalization of $5.13 billion, a price-to-earnings ratio of 26.00 and a beta of 0.85. The stock has a 50 day moving average price of $139.81 and a 200 day moving average price of $139.26.

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.