U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) Trading Up 0.6% – Should You Buy?

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

U.S. Global GO GOLD and Precious Metal Miners ETF Stock Up 0.6%

The stock has a 50 day moving average of $38.34 and a 200 day moving average of $43.93. The firm has a market cap of $184.39 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

A hedge fund recently bought a new stake in U.S. Global GO GOLD and Precious Metal Miners ETF stock. Beaumont Financial Advisors LLC purchased a new position in shares of U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 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 quarter.

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.