Stegent Equity Advisors Inc. Has $1.21 Million Holdings in Sprott Critical Materials ETF $SETM

Stegent Equity Advisors Inc. increased its stake in shares of Sprott Critical Materials ETF (NASDAQ:SETM) by 79.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,467 shares of the company’s stock after buying an additional 16,141 shares during the quarter. Stegent Equity Advisors Inc. owned 0.22% of Sprott Critical Materials ETF worth $1,206,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Thrivent Financial for Lutherans raised its stake in Sprott Critical Materials ETF by 69.9% during the fourth quarter. Thrivent Financial for Lutherans now owns 948,711 shares of the company’s stock worth $27,558,000 after acquiring an additional 390,284 shares in the last quarter. BFI Infinity Ltd. acquired a new stake in shares of Sprott Critical Materials ETF in the 4th quarter valued at $10,349,000. TKG Advisors LLC bought a new stake in shares of Sprott Critical Materials ETF in the 4th quarter worth about $3,065,000. Cetera Investment Advisers bought a new stake in shares of Sprott Critical Materials ETF in the 4th quarter worth about $2,916,000. Finally, Inspire Advisors LLC acquired a new stake in shares of Sprott Critical Materials ETF during the 4th quarter worth about $2,721,000.

Sprott Critical Materials ETF Stock Down 0.6%

Shares of SETM stock opened at $30.98 on Thursday. Sprott Critical Materials ETF has a 12-month low of $17.17 and a 12-month high of $40.55. The company has a market capitalization of $572.51 million, a P/E ratio of 29.93 and a beta of 1.03. The firm has a 50-day moving average price of $35.12 and a 200 day moving average price of $34.38.

Sprott Critical Materials ETF Company Profile

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.