1,032,100 Shares in Sprott Energy Transition Materials ETF (NASDAQ:SETM) Bought by Paul R. Ried Financial Group LLC

Paul R. Ried Financial Group LLC purchased a new position in Sprott Energy Transition Materials ETF (NASDAQ:SETM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,032,100 shares of the company’s stock, valued at approximately $15,554,000. Sprott Energy Transition Materials ETF makes up 10.9% of Paul R. Ried Financial Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Paul R. Ried Financial Group LLC owned 50.59% of Sprott Energy Transition Materials ETF as of its most recent filing with the Securities & Exchange Commission.

Sprott Energy Transition Materials ETF Stock Down 0.9 %

Shares of SETM stock opened at $15.24 on Tuesday. The stock has a 50-day simple moving average of $16.21 and a 200 day simple moving average of $16.68. Sprott Energy Transition Materials ETF has a fifty-two week low of $14.30 and a fifty-two week high of $20.95. The stock has a market capitalization of $31.09 million, a P/E ratio of 13.38 and a beta of 1.81.

Sprott Energy Transition Materials ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th were issued a dividend of $0.3116 per share. The ex-dividend date of this dividend was Thursday, December 12th.

Sprott Energy Transition Materials ETF 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.