110,971 Shares in Sprott Nickel Miners ETF $NIKL Bought by Fortis Group Advisors LLC

Fortis Group Advisors LLC acquired a new position in Sprott Nickel Miners ETF (NASDAQ:NIKL) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 110,971 shares of the company’s stock, valued at approximately $1,746,000.

A number of other hedge funds also recently bought and sold shares of the company. Nwam LLC bought a new stake in Sprott Nickel Miners ETF during the fourth quarter valued at about $2,413,000. CENTRAL TRUST Co bought a new stake in Sprott Nickel Miners ETF during the fourth quarter valued at about $353,000. Vanguard Capital Wealth Advisors bought a new stake in Sprott Nickel Miners ETF during the fourth quarter valued at about $322,000. Finally, Jane Street Group LLC bought a new stake in Sprott Nickel Miners ETF during the second quarter valued at about $725,000.

Sprott Nickel Miners ETF Price Performance

NIKL stock opened at $15.18 on Thursday. Sprott Nickel Miners ETF has a 52-week low of $10.20 and a 52-week high of $21.85. The company has a 50-day moving average of $16.58 and a two-hundred day moving average of $16.50. The stock has a market capitalization of $67.40 million, a price-to-earnings ratio of 18.88 and a beta of 0.89.

Sprott Nickel Miners ETF Company Profile

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.