Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) Shares Down 0.2% – What’s Next?

Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG)’s stock price was down 0.2% during trading on Friday . The stock traded as low as $22.22 and last traded at $22.76. Approximately 18,309 shares traded hands during trading, a decline of 65% from the average daily volume of 51,768 shares. The stock had previously closed at $22.80.

Sprott Active Gold & Silver Miners ETF Price Performance

The stock has a market capitalization of $33.46 million and a P/E ratio of 20.63. The firm’s 50 day moving average price is $22.42 and its 200 day moving average price is $26.13.

About Sprott Active Gold & Silver Miners ETF

The investment seeks to replicate, net of expenses, the Shiller Barclays CAPETM US Core Sector Index. The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500.