Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) Trading Down 0.2% – Here’s Why

Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUGGet Free Report)’s share price dropped 0.2% during mid-day trading on Friday . The stock traded as low as $22.22 and last traded at $22.76. Approximately 18,309 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 51,768 shares. The stock had previously closed at $22.80.

Sprott Active Gold & Silver Miners ETF Price Performance

The firm’s fifty day moving average price is $22.42 and its 200-day moving average price is $26.10. The firm has a market capitalization of $33.46 million and a P/E ratio of 20.63.

Sprott Active Gold & Silver Miners ETF Company Profile

(Get Free Report)

The investment seeks to replicate, net of expenses, the Shiller Barclays CAPETM US Core Sector Index. The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500.

Recommended Stories

Receive News & Ratings for Sprott Active Gold & Silver Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Active Gold & Silver Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.