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SNPG

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1d
1w
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Analysis and statistics

  • Open
    49.6895$
  • Previous Close
    49.5699$
  • 52 Week Change
    --
  • Day Range
    0.12$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

SNPG.US represents the Sprott Energy Transition Materials ETF. This exchange-traded fund aims to track the total return performance of the Nasdaq Sprott Energy Transition Materials Index. The index is designed to measure the performance of a selection of global securities of companies that are primarily involved in the production, processing, recycling, or refining of materials that enable the energy transition and decarbonization. This includes companies involved with materials like lithium, nickel, cobalt, rare earth elements, and graphite, which are essential for technologies like electric vehicles, renewable energy storage, and other clean energy applications.
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Factors

Constituent Stock Prices: SNPG.US tracks the S&P 500 Growth Index, so the prices of its underlying stocks directly influence its value.

Market Sentiment: Overall investor optimism or pessimism affects demand for growth stocks, impacting SNPG.US.

Interest Rates: Higher interest rates can decrease the attractiveness of growth stocks, potentially lowering SNPG.US's price.

Economic Growth: Stronger economic growth typically benefits growth companies, driving up SNPG.US's value.

Sector Performance: The performance of key sectors within the S&P 500 Growth Index, like technology, significantly impacts SNPG.US.

Fund Flows: Large inflows into SNPG.US can increase its price, while outflows can decrease it.

Expense Ratio: The fund's expense ratio slightly reduces returns and can impact the attractiveness of SNPG.US compared to similar ETFs.

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