Sprott Inc. Makes New $1.01 Million Investment in Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ)

Sprott Inc. acquired a new stake in shares of Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 30,217 shares of the company’s stock, valued at approximately $1,005,000.

Other hedge funds have also recently modified their holdings of the company. One Plus One Wealth Management LLC grew its position in Sprott Junior Gold Miners ETF by 2.3% during the 3rd quarter. One Plus One Wealth Management LLC now owns 324,536 shares of the company’s stock worth $11,998,000 after purchasing an additional 7,164 shares during the last quarter. CWA Asset Management Group LLC purchased a new position in shares of Sprott Junior Gold Miners ETF in the third quarter worth $415,000. Larson Financial Group LLC lifted its stake in shares of Sprott Junior Gold Miners ETF by 1,937.3% during the third quarter. Larson Financial Group LLC now owns 3,769 shares of the company’s stock worth $139,000 after buying an additional 3,584 shares during the period. Finally, Stansberry Asset Management LLC grew its holdings in shares of Sprott Junior Gold Miners ETF by 17.2% during the third quarter. Stansberry Asset Management LLC now owns 11,250 shares of the company’s stock valued at $416,000 after buying an additional 1,655 shares during the last quarter.

Sprott Junior Gold Miners ETF Price Performance

NYSEARCA SGDJ opened at $38.11 on Wednesday. The stock’s fifty day moving average price is $36.34 and its 200 day moving average price is $36.80. Sprott Junior Gold Miners ETF has a 1 year low of $25.51 and a 1 year high of $42.49. The company has a market cap of $127.67 million, a price-to-earnings ratio of 20.73 and a beta of 1.34.

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.