Sprott Gold Miners ETF (NYSEARCA:SGDM) Shares Gap Down – Should You Sell?

Posted by Patrick Bannon on Nov 11th, 2026

Shares of Sprott Gold Miners ETF (NYSEARCA:SGDM – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $77.85, but opened at $73.71. Sprott Gold Miners ETF shares last traded at $72.90, with a volume of 494 shares trading hands.

Sprott Gold Miners ETF Trading Down 1.0%

The business has a fifty day simple moving average of $74.92 and a two-hundred day simple moving average of $74.79. The company has a market cap of $632.48 million, a PE ratio of -1,184.41 and a beta of 0.57.

Institutional Investors Weigh In On Sprott Gold Miners ETF

A number of hedge funds have recently modified their holdings of SGDM. Private Advisor Group LLC purchased a new position in shares of Sprott Gold Miners ETF in the third quarter worth about $401,000. Money Concepts Capital Corp purchased a new stake in Sprott Gold Miners ETF during the 3rd quarter valued at about $396,000. Allworth Financial LP grew its stake in Sprott Gold Miners ETF by 78.5% during the 3rd quarter. Allworth Financial LP now owns 357 shares of the company’s stock valued at $26,000 after acquiring an additional 157 shares in the last quarter. 180 Wealth Advisors LLC raised its holdings in Sprott Gold Miners ETF by 25.0% in the 3rd quarter. 180 Wealth Advisors LLC now owns 19,140 shares of the company’s stock valued at $1,418,000 after acquiring an additional 3,824 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Sprott Gold Miners ETF by 2.6% in the third quarter. Commonwealth Equity Services LLC now owns 28,026 shares of the company’s stock valued at $2,076,000 after purchasing an additional 720 shares during the last quarter.

About Sprott Gold Miners ETF

(Get Free Report)

The Sprott Gold Miners ETF (SGDM) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an equity index of gold mining firms. Firms with higher revenue growth, lower debt to equity and higher free cash flow yield receive more weight. SGDM was launched on Jul 15, 2014 and is managed by Sprott.