Militia Capital Management LLC Acquires New Position in Sprott Nickel Miners ETF $NIKL

Militia Capital Management LLC acquired a new stake in shares of Sprott Nickel Miners ETF (NASDAQ:NIKL) in the first quarter, HoldingsChannel.com reports. The firm acquired 220,800 shares of the company’s stock, valued at approximately $3,535,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Royal Bank of Canada purchased 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 buying an additional 2,765 shares during the last quarter. Nano Cap New Millennium Growth Fund L P bought a new stake in shares of Sprott Nickel Miners ETF during the fourth quarter valued at approximately $79,000. Moors & Cabot Inc. bought a new stake in shares of Sprott Nickel Miners ETF during the fourth quarter valued at approximately $168,000. Finally, Sprott Inc. purchased a new position in Sprott Nickel Miners ETF in the 4th quarter worth approximately $268,000.

Sprott Nickel Miners ETF Stock Performance

NIKL stock opened at $12.84 on Monday. Sprott Nickel Miners ETF has a 12-month low of $11.55 and a 12-month high of $21.85. The stock’s 50 day simple moving average is $13.62 and its 200 day simple moving average is $16.12. The stock has a market capitalization of $51.49 million, a PE ratio of 18.88 and a beta of 0.87.

Sprott Nickel Miners ETF Profile

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.