Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG) Stock Crosses Above 200 Day Moving Average – What’s Next?

Sprott Active Gold & Silver Miners ETF (NASDAQ:GBUG)’s stock price passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $45.99 and traded as high as $47.18. Sprott Active Gold & Silver Miners ETF shares last traded at $46.97, with a volume of 25,458 shares changing hands.

Sprott Active Gold & Silver Miners ETF Trading Down 1.8%

The stock has a market cap of $160.42 million, a P/E ratio of 13.90 and a beta of 0.55. The firm’s fifty day moving average is $46.15 and its 200 day moving average is $45.90.

Institutional Trading of Sprott Active Gold & Silver Miners ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. bought a new position in shares of Sprott Active Gold & Silver Miners ETF during the 3rd quarter worth about $55,000. HighTower Advisors LLC acquired a new stake in shares of Sprott Active Gold & Silver Miners ETF during the third quarter worth approximately $451,000. HBW Advisory Services LLC raised its position in Sprott Active Gold & Silver Miners ETF by 146.8% in the 3rd quarter. HBW Advisory Services LLC now owns 14,347 shares of the company’s stock valued at $671,000 after purchasing an additional 8,533 shares during the last quarter. Finally, Commonwealth Equity Services LLC acquired a new position in Sprott Active Gold & Silver Miners ETF during the 3rd quarter worth about $2,337,000.

About Sprott Active Gold & Silver Miners ETF

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.