Hancock Prospecting Pty Ltd Makes New $1.10 Million Investment in Sprott Nickel Miners ETF $NIKL

Hancock Prospecting Pty Ltd acquired a new position in Sprott Nickel Miners ETF (NASDAQ:NIKL) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 70,000 shares of the company’s stock, valued at approximately $1,101,000. Hancock Prospecting Pty Ltd owned 1.72% of Sprott Nickel Miners ETF as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Nwam LLC purchased a new position in shares of Sprott Nickel Miners ETF in the fourth quarter worth about $2,413,000. Fortis Group Advisors LLC purchased a new position in Sprott Nickel Miners ETF during the fourth quarter valued at approximately $1,746,000. CENTRAL TRUST Co purchased a new position in Sprott Nickel Miners ETF during the fourth quarter valued at approximately $353,000. Vanguard Capital Wealth Advisors purchased a new position in Sprott Nickel Miners ETF during the fourth quarter valued at approximately $322,000. Finally, Jane Street Group LLC bought a new stake in Sprott Nickel Miners ETF during the second quarter valued at approximately $725,000.

Sprott Nickel Miners ETF Price Performance

Shares of Sprott Nickel Miners ETF stock opened at $14.87 on Wednesday. Sprott Nickel Miners ETF has a 1 year low of $10.75 and a 1 year high of $21.85. The firm has a market cap of $66.02 million, a PE ratio of 18.88 and a beta of 0.79. The company has a 50 day simple moving average of $16.12 and a two-hundred day simple moving average of $16.62.

About Sprott Nickel Miners ETF

The Sprott Nickel Miners ETF (NIKL) is an exchange-traded fund that is based on the Nasdaq Sprott Nickel Miners index. The fund tracks an index of nickel related companies around the globe. Securities are selected based on revenue and weighted by market-cap. NIKL was launched on Mar 21, 2023 and is issued by Sprott.