Extract Advisors LLC acquired a new stake in shares of Sprott Nickel Miners ETF (NASDAQ:NIKL – Free Report) in the first quarter, HoldingsChannel.com reports. The fund acquired 175,000 shares of the company’s stock, valued at approximately $2,802,000. Sprott Nickel Miners ETF makes up approximately 1.0% of Extract Advisors LLC’s portfolio, making the stock its 17th largest position.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers bought a new stake in shares of Sprott Nickel Miners ETF during the first quarter valued at approximately $1,594,000. Militia Capital Management LLC bought a new position in shares of Sprott Nickel Miners ETF during the first quarter worth $3,535,000. Nwam LLC grew its stake in Sprott Nickel Miners ETF by 51.4% during the first quarter. Nwam LLC now owns 232,255 shares of the company’s stock valued at $3,718,000 after acquiring an additional 78,870 shares in the last quarter. AdvisorNet Financial Inc grew its stake in Sprott Nickel Miners ETF by 921.7% during the first quarter. AdvisorNet Financial Inc now owns 3,065 shares of the company’s stock valued at $49,000 after acquiring an additional 2,765 shares in the last quarter. Finally, Hancock Prospecting Pty Ltd bought a new stake in Sprott Nickel Miners ETF in the 4th quarter valued at $1,101,000.
Sprott Nickel Miners ETF Stock Down 1.4%
Shares of NIKL stock opened at $12.68 on Tuesday. The stock has a market cap of $50.85 million, a P/E ratio of 18.88 and a beta of 0.87. Sprott Nickel Miners ETF has a 52 week low of $11.55 and a 52 week high of $21.85. The company’s fifty day simple moving average is $13.81 and its two-hundred day simple moving average is $16.28.
Sprott Nickel Miners ETF Profile
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.
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