Sprott Gold Miners ETF (NYSEARCA:SGDM) Shares Sold by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. trimmed its holdings in shares of Sprott Gold Miners ETF (NYSEARCA:SGDM) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,136 shares of the company’s stock after selling 869 shares during the period. Cutter & CO Brokerage Inc.’s holdings in Sprott Gold Miners ETF were worth $303,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Stratos Wealth Partners LTD. raised its position in Sprott Gold Miners ETF by 43.6% during the third quarter. Stratos Wealth Partners LTD. now owns 25,229 shares of the company’s stock valued at $577,000 after acquiring an additional 7,666 shares in the last quarter. ADE LLC raised its stake in shares of Sprott Gold Miners ETF by 2.1% in the 3rd quarter. ADE LLC now owns 24,979 shares of the company’s stock valued at $571,000 after acquiring an additional 507 shares in the last quarter. Optimum Investment Advisors lifted its holdings in Sprott Gold Miners ETF by 8.1% in the 4th quarter. Optimum Investment Advisors now owns 8,700 shares of the company’s stock worth $217,000 after purchasing an additional 650 shares during the last quarter. Raymond James & Associates boosted its position in Sprott Gold Miners ETF by 191.8% during the fourth quarter. Raymond James & Associates now owns 34,155 shares of the company’s stock worth $853,000 after purchasing an additional 22,450 shares during the period. Finally, HC Advisors LLC grew its holdings in Sprott Gold Miners ETF by 19.7% during the fourth quarter. HC Advisors LLC now owns 41,294 shares of the company’s stock valued at $1,032,000 after purchasing an additional 6,810 shares during the last quarter.

Sprott Gold Miners ETF Stock Performance

Sprott Gold Miners ETF stock remained flat at $26.20 on Wednesday. 11,116 shares of the company’s stock were exchanged, compared to its average volume of 33,823. The firm has a market cap of $236.06 million, a PE ratio of 24.40 and a beta of 0.73. The company’s fifty day moving average is $24.13 and its two-hundred day moving average is $23.99. Sprott Gold Miners ETF has a 52-week low of $20.72 and a 52-week high of $31.40.

About Sprott Gold Miners ETF

The Sprott Gold Miners ETF (SGDM) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an equity index of gold mining firms. Firms with higher revenue growth, lower debt to equity and higher free cash flow yield receive more weight. SGDM was launched on Jul 15, 2014 and is managed by Sprott.