Sprott Critical Materials ETF (NASDAQ:SETM – Get Free Report) shares saw an uptick in trading volume on Friday . Approximately 300,270 shares changed hands during mid-day trading, a decline of 14% from the previous session’s volume of 348,554 shares.The stock last traded at $28.03 and had previously closed at $28.60.
Sprott Critical Materials ETF Price Performance
The company’s fifty day simple moving average is $33.44 and its 200-day simple moving average is $34.45. The firm has a market capitalization of $523.91 million, a PE ratio of 29.93 and a beta of 1.03.
Institutional Trading of Sprott Critical Materials ETF
A number of institutional investors have recently made changes to their positions in the business. G&S Capital LLC grew its stake in Sprott Critical Materials ETF by 1.1% during the 2nd quarter. G&S Capital LLC now owns 72,108 shares of the company’s stock worth $2,247,000 after buying an additional 808 shares during the last quarter. BFI Infinity Ltd. raised its stake in Sprott Critical Materials ETF by 2.9% in the second quarter. BFI Infinity Ltd. now owns 404,253 shares of the company’s stock valued at $12,597,000 after buying an additional 11,334 shares during the last quarter. Allied Private Wealth LLC purchased a new stake in Sprott Critical Materials ETF in the second quarter valued at about $844,000. Royal Bank of Canada boosted its holdings in Sprott Critical Materials ETF by 807.9% in the first quarter. Royal Bank of Canada now owns 78,684 shares of the company’s stock worth $2,603,000 after acquiring an additional 70,017 shares in the last quarter. Finally, Waverly Advisors LLC acquired a new stake in Sprott Critical Materials ETF in the first quarter worth about $164,000.
About Sprott Critical Materials ETF
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.
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