Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) Trading Up 2.9% – What’s Next?

Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUGGet Free Report) shares shot up 2.9% during trading on Thursday . The stock traded as high as $20.57 and last traded at $20.42. 61,603 shares traded hands during trading, a decline of 3% from the average session volume of 63,545 shares. The stock had previously closed at $19.84.

Sprott Active Gold & Silver Miners ETF Stock Up 1.1 %

The stock has a fifty day moving average price of $26.16 and a 200-day moving average price of $28.40.

About Sprott Active Gold & Silver Miners ETF

(Get Free Report)

The investment seeks to replicate, net of expenses, the Shiller Barclays CAPETM US Core Sector Index. The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500.

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