Brookstone Capital Management Increases Holdings in Sprott Critical Materials ETF $SETM

Brookstone Capital Management increased its position in Sprott Critical Materials ETF (NASDAQ:SETM) by 40.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,837 shares of the company’s stock after purchasing an additional 14,914 shares during the quarter. Brookstone Capital Management owned approximately 0.52% of Sprott Critical Materials ETF worth $1,501,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. AdvisorNet Financial Inc purchased a new stake in shares of Sprott Critical Materials ETF in the 3rd quarter worth $49,000. National Bank of Canada FI increased its stake in shares of Sprott Critical Materials ETF by 560.7% during the third quarter. National Bank of Canada FI now owns 3,006 shares of the company’s stock valued at $75,000 after buying an additional 2,551 shares during the period. Wealthcare Advisory Partners LLC purchased a new position in shares of Sprott Critical Materials ETF during the fourth quarter valued at $213,000. Cooper Investors PTY Ltd. bought a new stake in shares of Sprott Critical Materials ETF in the fourth quarter valued at about $215,000. Finally, Lokken Investment Group LLC purchased a new stake in Sprott Critical Materials ETF in the third quarter worth about $237,000.

Sprott Critical Materials ETF Price Performance

Shares of Sprott Critical Materials ETF stock opened at $33.62 on Friday. The stock has a market cap of $529.18 million, a price-to-earnings ratio of 29.93 and a beta of 0.90. The firm’s 50-day moving average is $34.93 and its two-hundred day moving average is $30.49. Sprott Critical Materials ETF has a 1 year low of $11.48 and a 1 year high of $40.55.

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.