Sprott Nickel Miners ETF $NIKL Shares Acquired by Nwam LLC

Nwam LLC lifted its holdings in shares of Sprott Nickel Miners ETF (NASDAQ:NIKL) by 51.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 232,255 shares of the company’s stock after purchasing an additional 78,870 shares during the quarter. Nwam LLC owned approximately 0.05% of Sprott Nickel Miners ETF worth $3,718,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of NIKL. Royal Bank of Canada bought a new position in Sprott Nickel Miners ETF in the fourth quarter worth about $27,000. AdvisorNet Financial Inc grew its holdings in shares of Sprott Nickel Miners ETF by 921.7% during the first quarter. AdvisorNet Financial Inc now owns 3,065 shares of the company’s stock valued at $49,000 after purchasing an additional 2,765 shares during the last quarter. Nano Cap New Millennium Growth Fund L P bought a new position in shares of Sprott Nickel Miners ETF during the fourth quarter valued at approximately $79,000. Moors & Cabot Inc. acquired a new stake in shares of Sprott Nickel Miners ETF during the 4th quarter worth approximately $168,000. Finally, Sprott Inc. acquired a new stake in shares of Sprott Nickel Miners ETF during the 4th quarter worth approximately $268,000.

Sprott Nickel Miners ETF Trading Up 3.6%

Shares of NASDAQ NIKL opened at $13.10 on Wednesday. Sprott Nickel Miners ETF has a 12-month low of $11.55 and a 12-month high of $21.85. The company has a market cap of $55.15 million, a price-to-earnings ratio of 18.88 and a beta of 0.87. The stock’s 50 day simple moving average is $14.52 and its 200 day simple moving average is $16.49.

About Sprott Nickel Miners ETF

The Sprott Nickel Miners ETF (NIKL) is an exchange-traded fund that is based on the Nasdaq Sprott Nickel Miners index. The fund tracks an index of nickel related companies around the globe. Securities are selected based on revenue and weighted by market-cap. NIKL was launched on Mar 21, 2023 and is issued by Sprott.