Creekmur Asset Management LLC trimmed its holdings in shares of Sprott Gold Miners ETF (NYSEARCA:SGDM – Free Report) by 47.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,509 shares of the company’s stock after selling 4,084 shares during the quarter. Creekmur Asset Management LLC owned about 0.05% of Sprott Gold Miners ETF worth $114,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the company. FPC Investment Advisory Inc. bought a new stake in Sprott Gold Miners ETF in the 1st quarter valued at $235,000. YHB Investment Advisors Inc. bought a new position in Sprott Gold Miners ETF during the first quarter valued at about $59,000. PFG Investments LLC raised its holdings in Sprott Gold Miners ETF by 56.5% in the 1st quarter. PFG Investments LLC now owns 16,781 shares of the company’s stock valued at $425,000 after acquiring an additional 6,058 shares in the last quarter. ORG Partners LLC bought a new stake in shares of Sprott Gold Miners ETF in the 4th quarter worth approximately $57,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Sprott Gold Miners ETF by 10.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 5,700 shares of the company’s stock worth $142,000 after purchasing an additional 530 shares in the last quarter.
Sprott Gold Miners ETF Stock Performance
Shares of NYSEARCA:SGDM traded down $0.31 during midday trading on Thursday, reaching $29.26. 5,897 shares of the company’s stock were exchanged, compared to its average volume of 31,535. The company’s 50 day simple moving average is $27.81 and its two-hundred day simple moving average is $25.68. Sprott Gold Miners ETF has a 12 month low of $20.72 and a 12 month high of $30.53. The firm has a market capitalization of $263.63 million, a PE ratio of 24.90 and a beta of 0.70.
About Sprott Gold Miners ETF
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.
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