Sprott Critical Materials ETF (NASDAQ:SETM) Plans $0.45 Annual Dividend

Sprott Critical Materials ETF (NASDAQ:SETM) announced an annual dividend on Wednesday, December 17th. Investors of record on Thursday, December 18th will be given a dividend of 0.4527 per share on Monday, December 22nd. This represents a yield of 164.0%. The ex-dividend date of this dividend is Thursday, December 18th.

Sprott Critical Materials ETF Stock Down 1.3%

SETM traded down $0.36 during trading on Thursday, reaching $27.52. The company had a trading volume of 13,969 shares, compared to its average volume of 78,317. The business has a 50 day simple moving average of $27.03 and a 200-day simple moving average of $22.65. The stock has a market cap of $167.06 million, a P/E ratio of 29.93 and a beta of 0.90. Sprott Critical Materials ETF has a 52 week low of $11.48 and a 52 week high of $30.15.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. AdvisorNet Financial Inc purchased a new stake in shares of Sprott Critical Materials ETF in the third quarter worth approximately $49,000. National Bank of Canada FI grew its position in Sprott Critical Materials ETF by 560.7% in the 3rd quarter. National Bank of Canada FI now owns 3,006 shares of the company’s stock valued at $75,000 after acquiring an additional 2,551 shares during the last quarter. Financial Security Advisor Inc. purchased a new stake in Sprott Critical Materials ETF in the second quarter worth $192,000. Lokken Investment Group LLC bought a new stake in shares of Sprott Critical Materials ETF during the third quarter worth $237,000. Finally, PFG Investments LLC purchased a new stake in shares of Sprott Critical Materials ETF during the third quarter valued at $237,000.

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.