Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) Trading 4.1% Higher – Here’s Why

Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG)’s share price was up 4.1% during mid-day trading on Monday . The stock traded as high as $46.34 and last traded at $45.88. Approximately 96,762 shares changed hands during mid-day trading, an increase of 62% from the average daily volume of 59,562 shares. The stock had previously closed at $44.08.

Sprott Active Gold & Silver Miners ETF Price Performance

The firm’s 50 day moving average is $39.09 and its 200 day moving average is $32.85. The company has a market capitalization of $143.60 million, a PE ratio of 23.09 and a beta of 4.80.

Sprott Active Gold & Silver Miners ETF Company Profile

The investment seeks to replicate, net of expenses, the Shiller Barclays CAPETM US Core Sector Index. The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500.