Auxano Advisors LLC Lowers Stock Holdings in Sprott Gold Miners ETF $SGDM

Auxano Advisors LLC lowered its position in shares of Sprott Gold Miners ETF (NYSEARCA:SGDM) by 5.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,727 shares of the company’s stock after selling 5,637 shares during the period. Sprott Gold Miners ETF comprises about 1.0% of Auxano Advisors LLC’s holdings, making the stock its 18th largest holding. Auxano Advisors LLC owned approximately 1.06% of Sprott Gold Miners ETF worth $4,421,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. PFG Investments LLC raised its holdings in shares of Sprott Gold Miners ETF by 1.3% during the 2nd quarter. PFG Investments LLC now owns 19,425 shares of the company’s stock valued at $879,000 after buying an additional 255 shares in the last quarter. HC Advisors LLC grew its position in Sprott Gold Miners ETF by 0.7% during the first quarter. HC Advisors LLC now owns 48,140 shares of the company’s stock valued at $1,826,000 after acquiring an additional 325 shares during the last quarter. Kiker Wealth Management LLC grew its position in Sprott Gold Miners ETF by 391.5% during the second quarter. Kiker Wealth Management LLC now owns 580 shares of the company’s stock valued at $26,000 after acquiring an additional 462 shares during the last quarter. Capital Wealth Alliance LLC raised its stake in shares of Sprott Gold Miners ETF by 6.5% during the first quarter. Capital Wealth Alliance LLC now owns 8,228 shares of the company’s stock worth $312,000 after acquiring an additional 500 shares in the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd lifted its holdings in shares of Sprott Gold Miners ETF by 47.2% in the 2nd quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 2,292 shares of the company’s stock worth $104,000 after acquiring an additional 735 shares during the last quarter.

Sprott Gold Miners ETF Stock Performance

Shares of Sprott Gold Miners ETF stock opened at $62.84 on Thursday. Sprott Gold Miners ETF has a 52-week low of $26.60 and a 52-week high of $69.22. The company has a fifty day moving average of $60.76 and a 200-day moving average of $51.36. The stock has a market capitalization of $600.12 million, a price-to-earnings ratio of -1,018.84 and a beta of 0.44.

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.