C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in shares of Sprott Critical Materials ETF (NASDAQ:SETM – Free Report) by 43.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 147,739 shares of the company’s stock after buying an additional 44,580 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors owned 0.85% of Sprott Critical Materials ETF worth $4,329,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently bought and sold shares of SETM. Baird Financial Group Inc. bought a new stake in shares of Sprott Critical Materials ETF in the 2nd quarter worth about $3,516,000. Assetmark Inc. bought a new position in shares of Sprott Critical Materials ETF during the first quarter valued at approximately $2,426,000. Royal Bank of Canada raised its holdings in shares of 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 buying an additional 70,017 shares during the period. WT Wealth Management purchased a new stake in shares of Sprott Critical Materials ETF in the first quarter worth approximately $1,675,000. Finally, Allied Private Wealth LLC bought a new stake in shares of Sprott Critical Materials ETF during the 2nd quarter worth approximately $844,000.
Sprott Critical Materials ETF Stock Down 4.1%
SETM opened at $26.28 on Thursday. The business has a fifty day moving average of $31.91 and a 200 day moving average of $33.01. The stock has a market cap of $457.27 million, a P/E ratio of 29.93 and a beta of 1.15. Sprott Critical Materials ETF has a 52-week low of $23.71 and a 52-week 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.
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