Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) Shares Down 0.4% – Here’s What Happened

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG)’s stock price dropped 0.4% during mid-day trading on Tuesday. The stock traded as low as $44.00 and last traded at $44.32. 11,845 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 70,144 shares. The stock had previously closed at $44.52.

Sprott Active Gold & Silver Miners ETF Stock Down 6.2%

The company has a market capitalization of $157.62 million, a price-to-earnings ratio of 21.39 and a beta of 0.38. The business’s 50-day moving average is $48.60 and its 200-day moving average is $44.97.

Institutional Trading of Sprott Active Gold & Silver Miners ETF

A hedge fund recently raised its stake in Sprott Active Gold & Silver Miners ETF stock. HBW Advisory Services LLC increased its holdings in shares of Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) by 146.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,347 shares of the company’s stock after acquiring an additional 8,533 shares during the period. HBW Advisory Services LLC owned approximately 0.38% of Sprott Active Gold & Silver Miners ETF worth $671,000 as of its most recent SEC filing.

Sprott Active Gold & Silver Miners ETF Company Profile

The Sprott Active Gold & Silver Miners ETF (GBUG) is an exchange-traded fund that is based on the Barclays Gold 3 Month index. The fund tracks the Barclays Gold 3 Month Index Total Return by rolling specified gold futures contracts.