Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG) Shares Down 31.6% – Here’s What Happened

Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUGGet Free Report) fell 31.6% during trading on Thursday . The stock traded as low as $19.94 and last traded at $20.27. 104,685 shares traded hands during trading, an increase of 6,654% from the average session volume of 1,550 shares. The stock had previously closed at $29.65.

Sprott Active Gold & Silver Miners ETF Stock Performance

The firm has a 50 day moving average price of $29.21 and a 200-day moving average price of $29.46.

About Sprott Active Gold & Silver Miners ETF

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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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