Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Shares Up 1.5% – Still a Buy?

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ)’s share price was up 1.5% during mid-day trading on Wednesday . The stock traded as high as $37.43 and last traded at $37.11. Approximately 4,079 shares changed hands during trading, a decline of 82% from the average daily volume of 23,087 shares. The stock had previously closed at $36.55.

Sprott Junior Gold Miners ETF Price Performance

The company has a market capitalization of $132.47 million, a PE ratio of 13.84 and a beta of 1.14. The business’s 50 day simple moving average is $38.14 and its 200 day simple moving average is $35.18.

Institutional Trading of Sprott Junior Gold Miners ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Sunbelt Securities Inc. acquired a new stake in Sprott Junior Gold Miners ETF during the second quarter worth $45,000. Stansberry Asset Management LLC grew its holdings 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 purchasing an additional 1,655 shares during the period. Larson Financial Group LLC increased its position 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 purchasing an additional 3,584 shares during the last quarter. One Plus One Wealth Management LLC increased its position in shares of Sprott Junior Gold Miners ETF by 2.3% during the third quarter. One Plus One Wealth Management LLC now owns 324,536 shares of the company’s stock valued at $11,998,000 after acquiring an additional 7,164 shares during the last quarter. Finally, CWA Asset Management Group LLC purchased a new stake in Sprott Junior Gold Miners ETF during the third quarter worth about $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.