Financial Security Advisor Inc. Takes $192,000 Position in Sprott Critical Materials ETF $SETM

Financial Security Advisor Inc. bought a new stake in Sprott Critical Materials ETF (NASDAQ:SETM) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 11,089 shares of the company’s stock, valued at approximately $192,000.

Several other large investors have also modified their holdings of the stock. Royal Bank of Canada boosted its holdings in shares of Sprott Critical Materials ETF by 3.7% in the 1st quarter. Royal Bank of Canada now owns 30,984 shares of the company’s stock valued at $437,000 after buying an additional 1,116 shares in the last quarter. Lane Generational LLC acquired a new position in shares of Sprott Critical Materials ETF in the 1st quarter valued at $262,000. Finally, Paul R. Ried Financial Group LLC boosted its holdings in shares of Sprott Critical Materials ETF by 15.2% in the 1st quarter. Paul R. Ried Financial Group LLC now owns 1,189,220 shares of the company’s stock valued at $16,804,000 after buying an additional 157,120 shares in the last quarter.

Sprott Critical Materials ETF Trading Up 0.5%

Shares of Sprott Critical Materials ETF stock opened at $27.46 on Friday. The company has a fifty day simple moving average of $22.56 and a 200-day simple moving average of $18.17. Sprott Critical Materials ETF has a 12-month low of $11.48 and a 12-month high of $28.25. The stock has a market cap of $122.75 million, a price-to-earnings ratio of 29.93 and a beta of 1.81.

Sprott Critical Materials ETF 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.