Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Shares Down 1.4% – Here’s Why

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJGet Free Report)’s share price traded down 1.4% on Monday . The company traded as low as $86.07 and last traded at $86.70. 53,083 shares changed hands during trading, an increase of 22% from the average session volume of 43,646 shares. The stock had previously closed at $87.92.

Sprott Junior Gold Miners ETF Stock Down 1.4%

The firm has a 50 day moving average of $77.17 and a 200 day moving average of $63.23. The firm has a market cap of $323.39 million, a price-to-earnings ratio of 16.26 and a beta of 0.90.

Hedge Funds Weigh In On Sprott Junior Gold Miners ETF

Several institutional investors have recently made changes to their positions in SGDJ. Raymond James Financial Inc. increased its stake in Sprott Junior Gold Miners ETF by 29.2% during the 3rd quarter. Raymond James Financial Inc. now owns 26,685 shares of the company’s stock valued at $1,916,000 after purchasing an additional 6,028 shares in the last quarter. Nicolet Advisory Services LLC acquired a new position in shares of Sprott Junior Gold Miners ETF during the third quarter valued at about $201,000. Private Advisor Group LLC bought a new stake in shares of Sprott Junior Gold Miners ETF during the third quarter worth about $464,000. Sprott Inc. increased its position in shares of Sprott Junior Gold Miners ETF by 24.6% during the third quarter. Sprott Inc. now owns 36,272 shares of the company’s stock worth $2,604,000 after acquiring an additional 7,155 shares in the last quarter. Finally, Beirne Wealth Consulting Services LLC acquired a new stake in shares of Sprott Junior Gold Miners ETF in the 3rd quarter worth about $287,000.

Sprott Junior Gold Miners ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Sprott Junior Gold Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Junior Gold Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.