Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Shares Up 0.9% – Here’s What Happened

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ)’s share price traded up 0.9% during mid-day trading on Wednesday . The company traded as high as $36.82 and last traded at $36.57. 13,077 shares traded hands during trading, a decline of 42% from the average session volume of 22,493 shares. The stock had previously closed at $36.23.

Sprott Junior Gold Miners ETF Price Performance

The stock’s fifty day simple moving average is $36.04 and its 200-day simple moving average is $35.99. The firm has a market cap of $130.55 million, a PE ratio of 13.84 and a beta of 1.14.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SGDJ. Stansberry Asset Management LLC lifted its stake in Sprott Junior Gold Miners ETF by 17.2% in 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 in the last quarter. Larson Financial Group LLC increased its holdings in shares of Sprott Junior Gold Miners ETF by 1,937.3% in the third quarter. Larson Financial Group LLC now owns 3,769 shares of the company’s stock valued at $139,000 after purchasing an additional 3,584 shares during the last quarter. CWA Asset Management Group LLC purchased a new position in Sprott Junior Gold Miners ETF during the third quarter worth approximately $415,000. One Plus One Wealth Management LLC grew its holdings in Sprott Junior Gold Miners ETF by 2.3% in 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, Sunbelt Securities Inc. acquired a new stake in shares of Sprott Junior Gold Miners ETF in the 2nd quarter worth $45,000.

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.