Militia Capital Management LLC Invests $3.54 Million in Sprott Nickel Miners ETF $NIKL

Militia Capital Management LLC purchased a new stake in shares of Sprott Nickel Miners ETF (NASDAQ:NIKL) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 220,800 shares of the company’s stock, valued at approximately $3,535,000. Militia Capital Management LLC owned 4.97% of Sprott Nickel Miners ETF at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Extract Advisors LLC purchased a new stake in Sprott Nickel Miners ETF in the first quarter worth about $2,802,000. Nwam LLC purchased a new position in shares of Sprott Nickel Miners ETF during the fourth quarter valued at approximately $2,413,000. Fortis Group Advisors LLC bought a new stake in shares of Sprott Nickel Miners ETF in the 4th quarter worth approximately $1,746,000. Cetera Investment Advisers bought a new stake in shares of Sprott Nickel Miners ETF in the 1st quarter worth approximately $1,594,000. Finally, Hancock Prospecting Pty Ltd purchased a new stake in shares of Sprott Nickel Miners ETF in the 4th quarter worth approximately $1,101,000.

Sprott Nickel Miners ETF Price Performance

NIKL stock opened at $12.84 on Monday. Sprott Nickel Miners ETF has a twelve month low of $11.55 and a twelve month high of $21.85. The firm has a market cap of $51.49 million, a PE ratio of 18.88 and a beta of 0.87. The business has a 50 day moving average of $13.62 and a 200 day moving average of $16.12.

Sprott Nickel Miners ETF Company 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.