Sprott Gold Miners ETF (NYSEARCA:SGDM) Shares Acquired by PFG Investments LLC

PFG Investments LLC grew its position in Sprott Gold Miners ETF (NYSEARCA:SGDM) by 56.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,781 shares of the company’s stock after buying an additional 6,058 shares during the quarter. PFG Investments LLC owned 0.19% of Sprott Gold Miners ETF worth $425,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. ADE LLC grew its stake in shares of Sprott Gold Miners ETF by 2.1% in the third quarter. ADE LLC now owns 24,979 shares of the company’s stock valued at $571,000 after buying an additional 507 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Sprott Gold Miners ETF by 10.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 5,700 shares of the company’s stock worth $142,000 after purchasing an additional 530 shares in the last quarter. Optimum Investment Advisors grew its stake in Sprott Gold Miners ETF by 8.1% during 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 in the last quarter. ORG Partners LLC acquired a new position in Sprott Gold Miners ETF during the 4th quarter worth $57,000. Finally, HC Advisors LLC grew its stake in Sprott Gold Miners ETF by 19.7% during the 4th quarter. HC Advisors LLC now owns 41,294 shares of the company’s stock worth $1,032,000 after purchasing an additional 6,810 shares in the last quarter.

Sprott Gold Miners ETF Trading Down 4.0 %

SGDM traded down $1.08 on Tuesday, hitting $26.21. 41,517 shares of the company were exchanged, compared to its average volume of 33,789. Sprott Gold Miners ETF has a twelve month low of $20.72 and a twelve month high of $31.40. The company has a market cap of $236.15 million, a price-to-earnings ratio of 24.90 and a beta of 0.70. The firm has a 50-day moving average price of $24.64 and a two-hundred day moving average price of $24.10.

Sprott Gold Miners ETF Company Profile

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.