Sprott Critical Materials ETF $SETM Stock Bought by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in Sprott Critical Materials ETF (NASDAQ:SETM) by 43.2% during the third quarter, Holdings Channel.com reports. The fund owned 147,739 shares of the company’s stock after purchasing an additional 44,580 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Sprott Critical Materials ETF were worth $4,329,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Evolution Wealth Management Inc. purchased a new position in shares of Sprott Critical Materials ETF during the first quarter worth approximately $26,000. NFSG Corp boosted its holdings 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 valued at $29,000 after purchasing an additional 775 shares during the period. Geneos Wealth Management Inc. purchased a new stake in shares of Sprott Critical Materials ETF in the first quarter valued at approximately $50,000. Allworth Financial LP grew its stake in Sprott Critical Materials ETF by 675.0% in the second quarter. Allworth Financial LP now owns 1,581 shares of the company’s stock worth $49,000 after purchasing an additional 1,377 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new position in Sprott Critical Materials ETF in the second quarter worth approximately $84,000.

Sprott Critical Materials ETF Price Performance

SETM stock opened at $26.28 on Thursday. The business has a 50-day moving average price of $31.91 and a 200 day moving average price of $33.01. The company has a market capitalization of $457.27 million, a P/E ratio of 29.93 and a beta of 1.15. Sprott Critical Materials ETF has a 1-year low of $23.71 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.