TKG Advisors LLC Buys New Stake in Sprott Critical Materials ETF $SETM

TKG Advisors LLC bought a new stake in shares of Sprott Critical Materials ETF (NASDAQ:SETM) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 105,880 shares of the company’s stock, valued at approximately $3,065,000. Sprott Critical Materials ETF makes up 1.2% of TKG Advisors LLC’s portfolio, making the stock its 25th largest position. TKG Advisors LLC owned approximately 0.89% of Sprott Critical Materials ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of SETM. Royal Bank of Canada increased its holdings in shares of Sprott Critical Materials ETF by 3.7% during the first quarter. Royal Bank of Canada now owns 30,984 shares of the company’s stock valued at $437,000 after purchasing an additional 1,116 shares during the period. AdvisorNet Financial Inc acquired a new stake in Sprott Critical Materials ETF in the third quarter worth about $49,000. National Bank of Canada FI lifted its holdings in Sprott Critical Materials ETF by 560.7% in the third quarter. National Bank of Canada FI now owns 3,006 shares of the company’s stock worth $75,000 after purchasing an additional 2,551 shares during the period. Scotia Capital Inc. grew its position in Sprott Critical Materials ETF by 29.6% in the 3rd quarter. Scotia Capital Inc. now owns 26,246 shares of the company’s stock valued at $660,000 after buying an additional 5,994 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC bought a new position in Sprott Critical Materials ETF in the 4th quarter valued at about $213,000.

Sprott Critical Materials ETF Trading Down 3.7%

Sprott Critical Materials ETF stock opened at $36.87 on Friday. Sprott Critical Materials ETF has a 52 week low of $13.82 and a 52 week high of $40.55. The stock has a market cap of $598.03 million, a price-to-earnings ratio of 29.93 and a beta of 0.97. The company’s 50-day moving average price is $34.99 and its two-hundred day moving average price is $31.66.

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.