Sprott Critical Materials ETF $SETM Stock Holdings Lessened by Triton Wealth Management PLLC

Triton Wealth Management PLLC trimmed its position in shares of Sprott Critical Materials ETF (NASDAQ:SETM) by 48.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,152 shares of the company’s stock after selling 20,848 shares during the period. Triton Wealth Management PLLC’s holdings in Sprott Critical Materials ETF were worth $649,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NFSG Corp grew its stake in shares of Sprott Critical Materials ETF by 704.5% in the first quarter. NFSG Corp now owns 885 shares of the company’s stock worth $29,000 after purchasing an additional 775 shares during the last quarter. Allworth Financial LP increased its holdings in Sprott Critical Materials ETF by 675.0% during the 2nd quarter. Allworth Financial LP now owns 1,581 shares of the company’s stock valued at $49,000 after purchasing an additional 1,377 shares during the period. Geneos Wealth Management Inc. purchased a new position in Sprott Critical Materials ETF during the 1st quarter valued at about $50,000. Integrated Wealth Concepts LLC purchased a new position in Sprott Critical Materials ETF during the 2nd quarter valued at about $84,000. Finally, Latitude Advisors LLC purchased a new position in Sprott Critical Materials ETF during the 3rd quarter valued at about $92,000.

Sprott Critical Materials ETF Price Performance

SETM opened at $24.94 on Wednesday. The business has a 50 day simple moving average of $28.67 and a two-hundred day simple moving average of $32.76. The firm has a market capitalization of $424.23 million, a price-to-earnings ratio of 18.47 and a beta of 1.22. Sprott Critical Materials ETF has a one year low of $23.68 and a one 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.