Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Shares Up 2.4% – Time to Buy?

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJGet Free Report) shares were up 2.4% on Friday . The company traded as high as $80.14 and last traded at $79.35. Approximately 65,893 shares were traded during trading, a decline of 27% from the average daily volume of 90,751 shares. The stock had previously closed at $77.47.

Sprott Junior Gold Miners ETF Stock Up 2.4%

The stock has a market capitalization of $295.98 million, a price-to-earnings ratio of 16.26 and a beta of 0.95. The business’s 50-day moving average is $89.57 and its two-hundred day moving average is $91.74.

Hedge Funds Weigh In On Sprott Junior Gold Miners ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. MH & Associates Securities Management Corp ADV acquired a new position in Sprott Junior Gold Miners ETF in the 4th quarter valued at about $1,262,000. Holcombe Financial Inc. acquired a new position in Sprott Junior Gold Miners ETF in the 4th quarter valued at about $797,000. Brookstone Capital Management acquired a new position in Sprott Junior Gold Miners ETF in the 4th quarter valued at about $1,319,000. D.A. Davidson & CO. boosted its holdings in Sprott Junior Gold Miners ETF by 160.8% in the 4th quarter. D.A. Davidson & CO. now owns 31,082 shares of the company’s stock valued at $2,615,000 after purchasing an additional 19,165 shares during the last quarter. Finally, Sprott Inc. boosted its holdings in Sprott Junior Gold Miners ETF by 24.6% in the 3rd quarter. Sprott Inc. now owns 36,272 shares of the company’s stock valued at $2,604,000 after purchasing an additional 7,155 shares during the last quarter.

About Sprott Junior Gold Miners ETF

(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.

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