Apollon Wealth Management LLC Purchases Shares of 19,938 Sprott Critical Materials ETF $SETM

Apollon Wealth Management LLC acquired a new stake in shares of Sprott Critical Materials ETF (NASDAQ:SETM) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 19,938 shares of the company’s stock, valued at approximately $660,000.

Several other large investors have also modified their holdings of SETM. Fortis Advisors LLC lifted its holdings in shares of Sprott Critical Materials ETF by 0.7% during the fourth quarter. Fortis Advisors LLC now owns 143,405 shares of the company’s stock valued at $4,152,000 after purchasing an additional 1,016 shares during the last quarter. Royal Bank of Canada increased its stake in 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 worth $437,000 after purchasing an additional 1,116 shares in the last quarter. Uniplan Investment Counsel Inc. purchased a new position in Sprott Critical Materials ETF in the 4th quarter worth about $34,000. Federation des caisses Desjardins du Quebec purchased a new position in Sprott Critical Materials ETF in the 4th quarter worth about $38,000. Finally, Kestra Advisory Services LLC acquired a new stake in Sprott Critical Materials ETF during the 4th quarter worth about $40,000.

Sprott Critical Materials ETF Price Performance

Sprott Critical Materials ETF stock opened at $31.26 on Friday. Sprott Critical Materials ETF has a fifty-two week low of $17.17 and a fifty-two week high of $40.55. The firm’s 50 day simple moving average is $34.87 and its 200-day simple moving average is $34.38. The company has a market cap of $577.68 million, a P/E ratio of 29.93 and a beta of 1.03.

About Sprott Critical Materials ETF

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.