Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) Trading 1.7% Higher – Should You Buy?

Shares of Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) rose 1.7% on Friday . The company traded as high as $48.08 and last traded at $47.74. Approximately 11,331 shares changed hands during trading, a decline of 86% from the average daily volume of 80,905 shares. The stock had previously closed at $46.96.

Sprott Active Gold & Silver Miners ETF Price Performance

The firm has a 50 day moving average of $40.69 and a 200-day moving average of $45.28. The stock has a market capitalization of $172.34 million, a P/E ratio of 21.39 and a beta of 0.15.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Jane Street Group LLC bought a new position in Sprott Active Gold & Silver Miners ETF in the first quarter worth $2,096,000. National Bank of Canada FI boosted its stake in Sprott Active Gold & Silver Miners ETF by 18,628.7% during the third quarter. National Bank of Canada FI now owns 29,966 shares of the company’s stock worth $1,119,000 after buying an additional 29,806 shares in the last quarter. Beacon Pointe Advisors LLC bought a new stake in Sprott Active Gold & Silver Miners ETF in the 4th quarter valued at $343,000. Plan Group Financial LLC acquired a new position in shares of Sprott Active Gold & Silver Miners ETF in the 4th quarter valued at $293,000. Finally, Citadel Advisors LLC raised its stake in shares of Sprott Active Gold & Silver Miners ETF by 79.1% in the 3rd quarter. Citadel Advisors LLC now owns 14,276 shares of the company’s stock valued at $535,000 after buying an additional 6,307 shares in the last quarter.

Sprott Active Gold & Silver Miners ETF Company Profile

The Sprott Active Gold & Silver Miners ETF (GBUG) is an exchange-traded fund that is based on the Barclays Gold 3 Month index. The fund tracks the Barclays Gold 3 Month Index Total Return by rolling specified gold futures contracts.