Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Stock Price Up 1.9% – Should You Buy?

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) was up 1.9% during trading on Tuesday. The stock traded as high as $91.11 and last traded at $90.03. 46,878 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 73,689 shares. The stock had previously closed at $88.35.

Sprott Junior Gold Miners ETF Stock Performance

The stock has a 50-day moving average price of $91.89 and a two-hundred day moving average price of $87.57. The stock has a market capitalization of $330.18 million, a PE ratio of 16.26 and a beta of 1.03.

Hedge Funds Weigh In On Sprott Junior Gold Miners ETF

Several large investors have recently added to or reduced their stakes in SGDJ. Private Advisor Group LLC lifted its holdings in Sprott Junior Gold Miners ETF by 3.6% in the 1st quarter. Private Advisor Group LLC now owns 8,274 shares of the company’s stock worth $712,000 after purchasing an additional 285 shares in the last quarter. D.A. Davidson & CO. grew its holdings in Sprott Junior Gold Miners ETF by 2.2% during the 1st quarter. D.A. Davidson & CO. now owns 31,753 shares of the company’s stock valued at $2,733,000 after buying an additional 671 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Sprott Junior Gold Miners ETF during the 2nd quarter valued at approximately $86,000. NewEdge Advisors LLC raised its position in shares of Sprott Junior Gold Miners ETF by 57.7% during the first quarter. NewEdge Advisors LLC now owns 3,625 shares of the company’s stock valued at $312,000 after buying an additional 1,326 shares during the last quarter. Finally, TD Waterhouse Canada Inc. raised its position in shares of Sprott Junior Gold Miners ETF by 101.3% during the second quarter. TD Waterhouse Canada Inc. now owns 3,466 shares of the company’s stock valued at $258,000 after buying an additional 1,744 shares during the last quarter.

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.