U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) Stock Price Up 0.6% – Still a Buy?

U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU)’s share price traded up 0.6% on Thursday . The stock traded as high as $42.20 and last traded at $41.53. Approximately 19,078 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 38,576 shares. The stock had previously closed at $41.29.

U.S. Global GO GOLD and Precious Metal Miners ETF Price Performance

The business has a 50 day simple moving average of $38.37 and a 200 day simple moving average of $43.94. The company has a market capitalization of $197.31 million, a price-to-earnings ratio of 22.28 and a beta of 0.69.

Hedge Funds Weigh In On U.S. Global GO GOLD and Precious Metal Miners ETF

An institutional investor recently bought a new stake in U.S. Global GO GOLD and Precious Metal Miners ETF stock. Beaumont Financial Advisors LLC bought a new stake in U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) in the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 4,541 shares of the company’s stock, valued at approximately $201,000. Beaumont Financial Advisors LLC owned approximately 0.10% of U.S. Global GO GOLD and Precious Metal Miners ETF at the end of the most recent reporting period.

U.S. Global GO GOLD and Precious Metal Miners ETF Company Profile

The U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of 28 precious metal mining firms listed in the US, Canada, Australia, Hong Kong or South Africa. Holdings are selected by fundamental factors and weighted in fixed tiers. GOAU was launched on Jun 27, 2017 and is managed by US Global.