Miller Global Investments LLC Makes New Investment in Sprott Active Gold & Silver Miners ETF $GBUG

Miller Global Investments LLC acquired a new position in shares of Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 73,071 shares of the company’s stock, valued at approximately $3,192,000. Sprott Active Gold & Silver Miners ETF comprises 2.9% of Miller Global Investments LLC’s holdings, making the stock its 5th largest position.

Several other hedge funds also recently modified their holdings of GBUG. PNC Financial Services Group Inc. bought a new stake in Sprott Active Gold & Silver Miners ETF during the third quarter worth about $112,000. Johnson Investment Counsel Inc. acquired a new position in Sprott Active Gold & Silver Miners ETF during the third quarter valued at approximately $250,000. Cetera Investment Advisers grew its stake in Sprott Active Gold & Silver Miners ETF by 3.1% in the second quarter. Cetera Investment Advisers now owns 13,766 shares of the company’s stock valued at $349,000 after purchasing an additional 416 shares in the last quarter. Wealthcare Advisory Partners LLC bought a new position in Sprott Active Gold & Silver Miners ETF in the third quarter valued at approximately $405,000. Finally, Bank of America Corp DE increased its position in shares of Sprott Active Gold & Silver Miners ETF by 5.4% during the 3rd quarter. Bank of America Corp DE now owns 11,765 shares of the company’s stock worth $441,000 after purchasing an additional 600 shares during the last quarter.

Sprott Active Gold & Silver Miners ETF Stock Down 6.1%

Shares of Sprott Active Gold & Silver Miners ETF stock opened at $41.22 on Friday. The stock has a market cap of $171.06 million, a P/E ratio of 21.39 and a beta of 4.80. Sprott Active Gold & Silver Miners ETF has a 12-month low of $19.04 and a 12-month high of $59.02. The business’s 50 day moving average is $50.72 and its 200-day moving average is $42.88.

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.