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

Paul R. Ried Financial Group LLC bought a new stake in Sprott Energy Transition Materials ETF (NASDAQ:SETM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,032,100 shares of the company’s stock, valued at approximately $15,554,000. Sprott Energy Transition Materials ETF accounts for about 10.9% of Paul R. Ried Financial Group LLC’s portfolio, making the stock its 2nd largest position. Paul R. Ried Financial Group LLC owned about 0.51% of Sprott Energy Transition Materials ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Sprott Energy Transition Materials ETF Price Performance

Shares of Sprott Energy Transition Materials ETF stock opened at $15.24 on Tuesday. The firm has a market cap of $31.09 million, a price-to-earnings ratio of 13.38 and a beta of 1.81. The stock’s 50-day moving average is $16.21 and its 200-day moving average is $16.68. Sprott Energy Transition Materials ETF has a one year low of $14.30 and a one year high of $20.95.

Sprott Energy Transition Materials ETF Dividend Announcement

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

About Sprott Energy Transition 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.