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

Sprott Active Gold & Silver Miners ETF (NYSEARCA:GBUG)’s stock price traded down 31.6% on Thursday . The stock traded as low as $19.94 and last traded at $20.27. 104,685 shares traded hands during mid-day 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 Down 3.6 %

The company’s fifty day moving average is $29.21 and its two-hundred day moving average is $29.46.

About Sprott Active Gold & Silver Miners ETF

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.