Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Trading Up 0.4% – Still a Buy?

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ)’s stock price rose 0.4% during mid-day trading on Wednesday . The stock traded as high as $42.48 and last traded at $42.42. Approximately 18,894 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 22,976 shares. The stock had previously closed at $42.24.

Sprott Junior Gold Miners ETF Trading Up 0.4 %

The stock has a market cap of $142.11 million, a price-to-earnings ratio of 19.23 and a beta of 1.31. The business has a 50 day simple moving average of $38.16 and a two-hundred day simple moving average of $37.32.

Institutional Investors Weigh In On Sprott Junior Gold Miners ETF

A number of institutional investors have recently made changes to their positions in SGDJ. Larson Financial Group LLC lifted its holdings in Sprott Junior Gold Miners ETF by 1,937.3% in the third quarter. Larson Financial Group LLC now owns 3,769 shares of the company’s stock worth $139,000 after acquiring an additional 3,584 shares during the last quarter. Stansberry Asset Management LLC boosted its position in Sprott Junior Gold Miners ETF by 17.2% during the 3rd quarter. Stansberry Asset Management LLC now owns 11,250 shares of the company’s stock valued at $416,000 after purchasing an additional 1,655 shares during the period. OLD Mission Capital LLC acquired a new stake in Sprott Junior Gold Miners ETF in the fourth quarter worth $421,000. Raymond James Financial Inc. bought a new stake in Sprott Junior Gold Miners ETF in the fourth quarter valued at $601,000. Finally, Jane Street Group LLC boosted its holdings in shares of Sprott Junior Gold Miners ETF by 75.2% during the fourth quarter. Jane Street Group LLC now owns 19,813 shares of the company’s stock valued at $659,000 after acquiring an additional 8,505 shares during the period.

About Sprott Junior Gold Miners ETF

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.