405,466 Shares in Sprott Critical Materials ETF $SETM Purchased by BFI Infinity Ltd.

BFI Infinity Ltd. acquired a new stake in shares of Sprott Critical Materials ETF (NASDAQ:SETM) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 405,466 shares of the company’s stock, valued at approximately $11,880,000. Sprott Critical Materials ETF accounts for 5.7% of BFI Infinity Ltd.’s investment portfolio, making the stock its 7th largest holding.

Several other large investors have also recently bought and sold shares of the company. Waverly Advisors LLC raised its holdings in Sprott Critical Materials ETF by 13.6% in the second quarter. Waverly Advisors LLC now owns 5,629 shares of the company’s stock worth $175,000 after purchasing an additional 672 shares during the period. NFSG Corp grew its holdings in shares of Sprott Critical Materials ETF by 704.5% in the 1st quarter. NFSG Corp now owns 885 shares of the company’s stock valued at $29,000 after buying an additional 775 shares during the period. Evolution Wealth Management Inc. acquired a new position in shares of Sprott Critical Materials ETF in the 1st quarter valued at $26,000. G&S Capital LLC grew its holdings in shares of Sprott Critical Materials ETF by 1.1% in the 2nd quarter. G&S Capital LLC now owns 72,108 shares of the company’s stock valued at $2,247,000 after buying an additional 808 shares during the period. Finally, Allworth Financial LP increased its position in shares of Sprott Critical Materials ETF by 675.0% in the 2nd quarter. Allworth Financial LP now owns 1,581 shares of the company’s stock valued at $49,000 after buying an additional 1,377 shares in the last quarter.

Sprott Critical Materials ETF Stock Up 1.5%

SETM opened at $26.68 on Friday. The stock has a market cap of $464.23 million, a P/E ratio of 29.93 and a beta of 1.15. Sprott Critical Materials ETF has a 12 month low of $23.71 and a 12 month high of $40.55. The company has a fifty day simple moving average of $31.81 and a 200 day simple moving average of $32.97.

About Sprott Critical Materials ETF

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.