Sprott Critical Materials ETF $SETM Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its stake in Sprott Critical Materials ETF (NASDAQ:SETM) by 102.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 106,086 shares of the company’s stock after acquiring an additional 53,699 shares during the period. Commonwealth Equity Services LLC owned 0.76% of Sprott Critical Materials ETF worth $3,071,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Bank of Montreal Can bought a new stake in shares of Sprott Critical Materials ETF during the fourth quarter valued at approximately $43,000. Creative Financial Designs Inc. ADV bought a new stake in shares of Sprott Critical Materials ETF during the fourth quarter valued at approximately $62,000. National Bank of Canada FI raised its holdings in shares of Sprott Critical Materials ETF by 560.7% during the third quarter. National Bank of Canada FI now owns 3,006 shares of the company’s stock valued at $75,000 after buying an additional 2,551 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new stake in shares of Sprott Critical Materials ETF during the fourth quarter valued at approximately $213,000. Finally, Cooper Investors PTY Ltd. bought a new stake in shares of Sprott Critical Materials ETF during the fourth quarter valued at approximately $215,000.

Sprott Critical Materials ETF Trading Down 1.7%

SETM opened at $32.17 on Wednesday. The business’s 50 day moving average is $35.90 and its 200-day moving average is $33.79. The stock has a market cap of $538.53 million, a PE ratio of 29.93 and a beta of 0.95. Sprott Critical Materials ETF has a twelve month low of $16.25 and a twelve 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.