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

Militia Capital Management LLC bought a new position in Sprott Nickel Miners ETF (NASDAQ:NIKL) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 220,800 shares of the company’s stock, valued at approximately $3,535,000. Militia Capital Management LLC owned 4.97% of Sprott Nickel Miners ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Nwam LLC acquired a new position in Sprott Nickel Miners ETF during the fourth quarter valued at $2,413,000. Fortis Group Advisors LLC purchased a new position in Sprott Nickel Miners ETF during the 4th quarter valued at about $1,746,000. Hancock Prospecting Pty Ltd purchased a new position in Sprott Nickel Miners ETF during the 4th quarter valued at about $1,101,000. Jane Street Group LLC acquired a new position in shares of Sprott Nickel Miners ETF in the 2nd quarter valued at about $725,000. Finally, CENTRAL TRUST Co acquired a new position in shares of Sprott Nickel Miners ETF in the 4th quarter valued at about $353,000.

Sprott Nickel Miners ETF Price Performance

NASDAQ NIKL opened at $13.38 on Thursday. The company has a 50 day simple moving average of $14.00 and a 200-day simple moving average of $16.38. The firm has a market capitalization of $53.65 million, a price-to-earnings ratio of 18.88 and a beta of 0.87. Sprott Nickel Miners ETF has a 52-week low of $11.55 and a 52-week high of $21.85.

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.