Sage Private Wealth Group LLC Makes New Investment in VanEck Uranium and Nuclear ETF $NLR

Sage Private Wealth Group LLC bought a new stake in VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 80,821 shares of the company’s stock, valued at approximately $10,963,000. VanEck Uranium and Nuclear ETF comprises approximately 6.1% of Sage Private Wealth Group LLC’s holdings, making the stock its 8th largest holding.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in NLR. Valley National Advisers Inc. increased its position in VanEck Uranium and Nuclear ETF by 62.1% in the 3rd quarter. Valley National Advisers Inc. now owns 261 shares of the company’s stock valued at $35,000 after acquiring an additional 100 shares during the period. Berkshire Money Management Inc. purchased a new position in shares of VanEck Uranium and Nuclear ETF in the 2nd quarter valued at approximately $33,000. Rosenberg Matthew Hamilton purchased a new stake in shares of VanEck Uranium and Nuclear ETF during the second quarter worth approximately $33,000. Cheviot Value Management LLC acquired a new stake in shares of VanEck Uranium and Nuclear ETF during the second quarter worth $40,000. Finally, GPS Wealth Strategies Group LLC grew its position in VanEck Uranium and Nuclear ETF by 62.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 363 shares of the company’s stock valued at $40,000 after buying an additional 139 shares during the last quarter.

VanEck Uranium and Nuclear ETF Stock Performance

Shares of NLR opened at $140.84 on Wednesday. VanEck Uranium and Nuclear ETF has a 1 year low of $64.26 and a 1 year high of $168.12. The stock has a market capitalization of $4.19 billion, a P/E ratio of 26.00 and a beta of 0.75. The company’s fifty day moving average is $131.34 and its two-hundred day moving average is $128.56.

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.