Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) Trading 0.6% Higher – Time to Buy?

Shares of Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) were up 0.6% during mid-day trading on Thursday . The company traded as high as $36.04 and last traded at $35.32. Approximately 44,559 shares traded hands during trading, a decline of 24% from the average daily volume of 58,576 shares. The stock had previously closed at $35.11.

Sprott Active Gold & Silver Miners ETF Stock Performance

The stock has a market cap of $110.55 million, a PE ratio of 21.39 and a beta of 4.80. The firm has a fifty day moving average price of $35.95 and a 200 day moving average price of $29.17.

Institutional Investors Weigh In On Sprott Active Gold & Silver Miners ETF

A number of large investors have recently modified their holdings of the business. Johnson Investment Counsel Inc. purchased a new position in shares of Sprott Active Gold & Silver Miners ETF in the 3rd quarter valued at approximately $250,000. Beaumont Financial Advisors LLC acquired a new position in Sprott Active Gold & Silver Miners ETF during the 3rd quarter valued at approximately $863,000. Brookwood Investment Group LLC purchased a new position in shares of Sprott Active Gold & Silver Miners ETF in the third quarter worth $2,446,000. Cetera Investment Advisers lifted its stake in shares of Sprott Active Gold & Silver Miners ETF by 3.1% during the second quarter. Cetera Investment Advisers now owns 13,766 shares of the company’s stock worth $349,000 after buying an additional 416 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of Sprott Active Gold & Silver Miners ETF during the first quarter valued at $2,096,000.

Sprott Active Gold & Silver Miners ETF Company Profile

The Sprott Active Gold & Silver Miners ETF (GBUG) is an exchange-traded fund that is based on the Barclays Gold 3 Month index. The fund tracks the Barclays Gold 3 Month Index Total Return by rolling specified gold futures contracts.