Assetmark Inc. acquired a new stake in Sprott Critical Materials ETF (NASDAQ:SETM – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 73,333 shares of the company’s stock, valued at approximately $2,426,000.
Other large investors also recently modified their holdings of the company. Evolution Wealth Management Inc. purchased a new stake in shares of Sprott Critical Materials ETF in the first quarter worth approximately $26,000. NFSG Corp boosted its position in shares of Sprott Critical Materials ETF by 704.5% during the first quarter. NFSG Corp now owns 885 shares of the company’s stock valued at $29,000 after buying an additional 775 shares during the last quarter. Uniplan Investment Counsel Inc. bought a new stake in Sprott Critical Materials ETF during the fourth quarter worth $34,000. Federation des caisses Desjardins du Quebec bought a new stake in Sprott Critical Materials ETF during the fourth quarter worth $38,000. Finally, Kestra Advisory Services LLC bought a new stake in Sprott Critical Materials ETF during the fourth quarter worth $40,000.
Sprott Critical Materials ETF Price Performance
SETM opened at $29.41 on Friday. The firm’s fifty day moving average price is $32.69 and its two-hundred day moving average price is $34.49. The company has a market capitalization of $533.79 million, a price-to-earnings ratio of 29.93 and a beta of 1.03. Sprott Critical Materials ETF has a 1 year low of $18.21 and a 1 year high of $40.55.
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. SETM was launched on Feb 1, 2023 and is managed by Sprott.
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