BFI Infinity Ltd. Takes $10.35 Million Position in Sprott Critical Materials ETF $SETM

BFI Infinity Ltd. purchased a new position in shares of Sprott Critical Materials ETF (NASDAQ:SETM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 357,485 shares of the company’s stock, valued at approximately $10,349,000. Sprott Critical Materials ETF comprises about 6.4% of BFI Infinity Ltd.’s holdings, making the stock its 6th largest holding. BFI Infinity Ltd. owned 3.62% of Sprott Critical Materials ETF at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SETM. Wealthcare Advisory Partners LLC bought a new position in Sprott Critical Materials ETF in the fourth quarter valued at approximately $213,000. Dakota Wealth Management acquired a new stake in Sprott Critical Materials ETF during the 4th quarter worth $288,000. Paul R. Ried Financial Group LLC raised its position in shares of Sprott Critical Materials ETF by 0.7% during the 3rd quarter. Paul R. Ried Financial Group LLC now owns 1,303,117 shares of the company’s stock valued at $32,773,000 after acquiring an additional 8,742 shares during the last quarter. National Bank of Canada FI raised its position in shares of Sprott Critical Materials ETF by 560.7% during the 3rd quarter. National Bank of Canada FI now owns 3,006 shares of the company’s stock valued at $75,000 after acquiring an additional 2,551 shares during the last quarter. Finally, Scotia Capital Inc. lifted its stake in shares of Sprott Critical Materials ETF by 29.6% in the 3rd quarter. Scotia Capital Inc. now owns 26,246 shares of the company’s stock valued at $660,000 after purchasing an additional 5,994 shares during the period.

Sprott Critical Materials ETF Stock Up 2.2%

NASDAQ:SETM opened at $31.90 on Friday. Sprott Critical Materials ETF has a 12-month low of $11.48 and a 12-month high of $40.55. The stock’s fifty day simple moving average is $35.29 and its 200-day simple moving average is $30.17. The firm has a market capitalization of $445.32 million, a P/E ratio of 29.93 and a beta of 0.90.

Sprott Critical Materials ETF Profile

The Sprott Energy Transition Materials ETF (SETM) is an exchange-traded fund that mostly invests in materials equity. The fund supports the global move to cleaner energy by tracking an index of US and foreign companies related to energy transition materials. Securities are selected based on revenue and weighted by market-cap. SETM was launched on Feb 1, 2023 and is managed by Sprott.