G&S Capital LLC Makes New Investment in Sprott Critical Materials ETF $SETM

G&S Capital LLC bought a new position in shares of Sprott Critical Materials ETF (NASDAQ:SETM) during the 4th quarter, Holdings Channel reports. The firm bought 70,276 shares of the company’s stock, valued at approximately $2,035,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc acquired a new position in Sprott Critical Materials ETF during the third quarter worth about $49,000. National Bank of Canada FI grew its position in shares of Sprott Critical Materials ETF by 560.7% in the third quarter. National Bank of Canada FI now owns 3,006 shares of the company’s stock valued at $75,000 after purchasing an additional 2,551 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in shares of Sprott Critical Materials ETF in the fourth quarter valued at approximately $213,000. Cooper Investors PTY Ltd. acquired a new stake in shares of Sprott Critical Materials ETF in the fourth quarter valued at approximately $215,000. Finally, Lokken Investment Group LLC acquired a new stake in shares of Sprott Critical Materials ETF in the third quarter valued at approximately $237,000.

Sprott Critical Materials ETF Price Performance

SETM stock opened at $38.28 on Thursday. The company’s 50 day simple moving average is $34.94 and its 200-day simple moving average is $31.62. The firm has a market capitalization of $620.90 million, a PE ratio of 29.93 and a beta of 0.97. Sprott Critical Materials ETF has a 12 month low of $13.71 and a 12 month high of $40.55.

Sprott Critical Materials ETF Company 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.