Scotia Capital Inc. Makes New Investment in Sprott Critical Materials ETF $SETM

Scotia Capital Inc. purchased a new stake in Sprott Critical Materials ETF (NASDAQ:SETM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 20,252 shares of the company’s stock, valued at approximately $351,000. Scotia Capital Inc. owned 0.64% of Sprott Critical Materials ETF as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SETM. Financial Security Advisor Inc. bought a new position in Sprott Critical Materials ETF during the second quarter worth about $192,000. Royal Bank of Canada raised its position 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 worth $437,000 after purchasing an additional 1,116 shares during the period. Jaffetilchin Investment Partners LLC bought a new position in shares of Sprott Critical Materials ETF during the 2nd quarter valued at about $443,000. Finally, Paul R. Ried Financial Group LLC lifted its holdings in shares of Sprott Critical Materials ETF by 8.8% during the 2nd quarter. Paul R. Ried Financial Group LLC now owns 1,294,375 shares of the company’s stock valued at $22,419,000 after purchasing an additional 105,155 shares in the last quarter.

Sprott Critical Materials ETF Stock Performance

NASDAQ SETM opened at $27.82 on Wednesday. The business has a 50 day simple moving average of $26.46 and a 200 day simple moving average of $21.66. Sprott Critical Materials ETF has a 52-week low of $11.48 and a 52-week high of $30.15. The stock has a market cap of $168.87 million, a price-to-earnings ratio of 29.93 and a beta of 0.90.

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.