Sprott Uranium Miners ETFURNM
URNM
0
Funds holding %
of 6,790 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
17% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 7 (+1) [Q3]
9% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 58
1.84% less ownership
Funds ownership: 27.34% [Q2] → 25.5% (-1.84%) [Q3]
6% less funds holding
Funds holding: 189 [Q2] → 177 (-12) [Q3]
14% less capital invested
Capital invested by funds: $452M [Q2] → $389M (-$63.4M) [Q3]
19% less call options, than puts
Call options by funds: $89.7M | Put options by funds: $110M
33% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 36
Research analyst outlook
We haven’t received any recent analyst ratings for URNM.
Financial journalist opinion
Based on 3 articles about URNM published over the past 30 days
Positive
ETF Trends
11 hours ago
Uranium Producer Profits Soar as Nuclear Energy Demand Rises
Demand for nuclear energy continues to translate to profits for uranium producers, with Kazakhstan-based Kazatomprom being the latest beneficiary. The company saw its third-quarter pre-tax profit double due to rising uranium spot prices.
Positive
ETF Trends
2 weeks ago
Uranium Prices Tick Higher as Russia Restricts Exports to U.S.
Geopolitical factors are playing out for uranium prices as Russia restricts exports to the United States. The move countervails a similar move by the U.S. to restrict imports of uranium from Russia, which could be bullish for prices.
Positive
ETF Trends
4 weeks ago
Nuclear Energy Could Fuel Big Tech's AI Ambitions
Big tech's artificial intelligence (AI) plans could see greater demand for nuclear power. With the need to power data centers and other tech with heavy power requirements, companies could be tapping into nuclear energy as a viable option.
Neutral
ETF Trends
1 month ago
Disruptive Theme of the Week: How to Power Your Data Center
While the promise of technologies like artificial intelligence, machine learning, cloud computing, and cryptocurrency are groundbreaking, powering the data centers to support them has become increasingly energy intensive. For years, data centers could chug along with a pretty stable appetite for power.
Neutral
24/7 Wall Street
1 month ago
2 Uranium Plays to Play a Nuclear Renaissance
The nuclear power utilities have really heated up as some tech titans turned to small nuclear reactors to help fuel their AI data centers of the future.
Neutral
Zacks Investment Research
1 month ago
The Zacks Analyst Blog URA, URNM, NLR and NLR
URA, URNM, NLR and NLR are included in this Analyst Blog.
Positive
Zacks Investment Research
1 month ago
Uranium ETFs Surge as Big Tech Powers Up With Nuclear Energy
With tech giants ramping up their investments in AI, the increasing energy demands of data centers are driving a heightened need for nuclear power, creating an optimistic demand outlook for uranium. To capitalize, look at pure-play uranium ETFs.
Positive
MarketBeat
1 month ago
The Nuclear Shift: 3 Best Uranium ETFs to Invest in for 2024
The demand for clean, reliable energy is skyrocketing, driven by concerns about climate change and energy security. Nuclear power could be a solution, and the industry is undergoing a rapid strategic shift that could transform the renewable energy sector.
Positive
ETF Trends
1 month ago
Uranium Mining ETFs Surging This Month
Uranium mining exchange-traded funds (ETFs) are having a strong October thus far. One of the reasons for the increased investor interest is the use of nuclear power by big tech.
Positive
Seeking Alpha
1 month ago
URNM: Where AI Boom And Nuclear Collide
Sprott Uranium Miners ETF offers exposure to uranium mining companies, capitalizing on the growing demand for clean energy and nuclear power. I believe that AI's growing energy demands make uranium a key part of the future energy mix. The uranium market may be slow now, but I expect demand to spike in the near future, especially from AI hyperscalers.
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