Sprott Nickel Miners ETF $NIKL Shares Purchased by Nwam LLC

Nwam LLC raised its stake in shares of Sprott Nickel Miners ETF (NASDAQ:NIKL) by 51.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 232,255 shares of the company’s stock after acquiring an additional 78,870 shares during the quarter. Nwam LLC owned approximately 5.23% of Sprott Nickel Miners ETF worth $3,718,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in NIKL. Fortis Group Advisors LLC acquired a new stake in shares of Sprott Nickel Miners ETF in the 4th quarter valued at about $1,746,000. Hancock Prospecting Pty Ltd bought a new stake in Sprott Nickel Miners ETF in the fourth quarter valued at about $1,101,000. Jane Street Group LLC bought a new stake in Sprott Nickel Miners ETF in the second quarter valued at about $725,000. CENTRAL TRUST Co acquired a new stake in Sprott Nickel Miners ETF during the fourth quarter valued at approximately $353,000. Finally, Vanguard Capital Wealth Advisors acquired a new stake in Sprott Nickel Miners ETF during the fourth quarter valued at approximately $322,000.

Sprott Nickel Miners ETF Trading Up 3.6%

Shares of NIKL opened at $13.10 on Wednesday. The firm has a market cap of $55.15 million, a price-to-earnings ratio of 18.88 and a beta of 0.87. The stock has a 50 day moving average of $14.52 and a 200-day moving average of $16.49. Sprott Nickel Miners ETF has a 52 week low of $11.55 and a 52 week high of $21.85.

About Sprott Nickel Miners ETF

The Sprott Nickel Miners ETF (NIKL) is an exchange-traded fund that is based on the Nasdaq Sprott Nickel Miners index. The fund tracks an index of nickel related companies around the globe. Securities are selected based on revenue and weighted by market-cap. NIKL was launched on Mar 21, 2023 and is issued by Sprott.