Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Trading 0.6% Higher – What’s Next?

Shares of Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) rose 0.6% on Thursday . The stock traded as high as $33.70 and last traded at $33.58. Approximately 6,300 shares changed hands during trading, a decline of 72% from the average daily volume of 22,671 shares. The stock had previously closed at $33.37.

Sprott Junior Gold Miners ETF Stock Up 0.6 %

The firm has a 50-day moving average of $37.87 and a two-hundred day moving average of $35.50. The company has a market capitalization of $119.88 million, a PE ratio of 13.84 and a beta of 1.14.

Institutional Trading of Sprott Junior Gold Miners ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SGDJ. Sunbelt Securities Inc. purchased a new position in Sprott Junior Gold Miners ETF during the second quarter worth approximately $45,000. Stansberry Asset Management LLC raised its stake in shares of Sprott Junior Gold Miners ETF by 17.2% during the 3rd quarter. Stansberry Asset Management LLC now owns 11,250 shares of the company’s stock worth $416,000 after buying an additional 1,655 shares during the period. Larson Financial Group LLC raised its stake in shares of Sprott Junior Gold Miners ETF by 1,937.3% during the 3rd quarter. Larson Financial Group LLC now owns 3,769 shares of the company’s stock worth $139,000 after buying an additional 3,584 shares during the period. One Plus One Wealth Management LLC lifted its position in shares of Sprott Junior Gold Miners ETF by 2.3% during the 3rd quarter. One Plus One Wealth Management LLC now owns 324,536 shares of the company’s stock valued at $11,998,000 after buying an additional 7,164 shares in the last quarter. Finally, CWA Asset Management Group LLC acquired a new stake in Sprott Junior Gold Miners ETF in the 3rd quarter valued at $415,000.

Sprott Junior Gold Miners ETF Company Profile

The Sprott Junior Gold Miners ETF (SGDJ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an equity index of small-cap gold mining firms. Stocks are weighted by price momentum for gold explorers and by revenue growth for gold developers. SGDJ was launched on Mar 31, 2015 and is managed by Sprott.