Pekin Hardy Strauss Inc. lifted its stake in Sprott Gold Miners ETF (NYSEARCA:SGDM – Free Report) by 12.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,688 shares of the company’s stock after acquiring an additional 3,335 shares during the period. Pekin Hardy Strauss Inc. owned 0.34% of Sprott Gold Miners ETF worth $951,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently made changes to their positions in SGDM. Cetera Investment Advisers purchased a new stake in shares of Sprott Gold Miners ETF in the 1st quarter valued at approximately $4,818,000. CWA Asset Management Group LLC purchased a new stake in shares of Sprott Gold Miners ETF in the 3rd quarter valued at approximately $285,000. Capital Wealth Alliance LLC purchased a new stake in shares of Sprott Gold Miners ETF in the 2nd quarter valued at approximately $205,000. Hara Capital LLC purchased a new stake in shares of Sprott Gold Miners ETF in the 3rd quarter valued at approximately $227,000. Finally, Cutter & CO Brokerage Inc. purchased a new stake in shares of Sprott Gold Miners ETF in the 3rd quarter valued at approximately $218,000.
Sprott Gold Miners ETF Stock Performance
Sprott Gold Miners ETF stock opened at $30.30 on Monday. The firm has a market cap of $273.00 million, a PE ratio of 24.90 and a beta of 0.70. The firm’s 50 day moving average price is $31.06 and its two-hundred day moving average price is $29.37. Sprott Gold Miners ETF has a twelve month low of $20.72 and a twelve month high of $34.14.
Sprott Gold Miners ETF Company Profile
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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