Arvest Investments Inc. Has $2.82 Million Position in Sprott Lithium Miners ETF $LITP

Arvest Investments Inc. lessened its stake in Sprott Lithium Miners ETF (NASDAQ:LITP) by 20.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 233,658 shares of the company’s stock after selling 58,431 shares during the period. Arvest Investments Inc. owned about 6.01% of Sprott Lithium Miners ETF worth $2,816,000 as of its most recent SEC filing.

Separately, Susquehanna International Group LLP bought a new stake in shares of Sprott Lithium Miners ETF in the third quarter valued at approximately $160,000.

Sprott Lithium Miners ETF Price Performance

Shares of NASDAQ LITP opened at $13.54 on Friday. The stock’s 50-day simple moving average is $13.12 and its two-hundred day simple moving average is $11.95. The firm has a market capitalization of $51.99 million, a P/E ratio of 16.45 and a beta of 1.04. Sprott Lithium Miners ETF has a twelve month low of $4.63 and a twelve month high of $16.51.

Sprott Lithium Miners ETF Company Profile

The Sprott Lithium Miners ETF (LITP) is an exchange-traded fund that is based on the Nasdaq Sprott Lithium Miners index. The fund aims to support the worldwide clean energy transition by tracking an index of global companies in the lithium industry. Securities are selected based on revenue and weighted by market-cap. LITP was launched on Feb 1, 2023 and is managed by Sprott.