Sprott Lithium Miners ETF (NASDAQ:LITP) Shares Up 4.5% – Time to Buy?

Sprott Lithium Miners ETF (NASDAQ:LITP)’s stock price rose 4.5% on Tuesday . The company traded as high as $6.86 and last traded at $6.86. Approximately 12,414 shares were traded during mid-day trading, an increase of 40% from the average daily volume of 8,864 shares. The stock had previously closed at $6.56.

Sprott Lithium Miners ETF Trading Up 4.5 %

The stock’s fifty day moving average is $7.25 and its two-hundred day moving average is $7.58. The company has a market capitalization of $6.38 million, a PE ratio of 5.07 and a beta of 2.50.

Sprott Lithium Miners 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 given a dividend of $0.4378 per share. The ex-dividend date was Thursday, December 12th.

Institutional Investors Weigh In On Sprott Lithium Miners ETF

An institutional investor recently raised its position in Sprott Lithium Miners ETF stock. Jane Street Group LLC grew its position in shares of Sprott Lithium Miners ETF (NASDAQ:LITP) by 22.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,113 shares of the company’s stock after buying an additional 3,625 shares during the period. Jane Street Group LLC owned 2.31% of Sprott Lithium Miners ETF worth $165,000 at the end of the most recent reporting period.

About Sprott Lithium Miners ETF

The Sprott Lithium Miners ETF (LITP) is an exchange-traded fund that is based on the Nasdaq Sprott Lithium Miners index. The fund aims to support the worldwide clean energy transition by tracking an index of global companies in the lithium industry. Securities are selected based on revenue and weighted by market-cap.