Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Stock Price Up 1.5% – Still a Buy?

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ)’s share price rose 1.5% on Wednesday . The stock traded as high as $37.43 and last traded at $37.11. Approximately 4,079 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 23,087 shares. The stock had previously closed at $36.55.

Sprott Junior Gold Miners ETF Stock Performance

The stock has a 50-day moving average of $38.12 and a two-hundred day moving average of $35.17. The company has a market cap of $132.47 million, a P/E ratio of 13.84 and a beta of 1.14.

Hedge Funds Weigh In On Sprott Junior Gold Miners ETF

Several institutional investors and hedge funds have recently modified their holdings of SGDJ. Sunbelt Securities Inc. bought a new position in Sprott Junior Gold Miners ETF in the 2nd quarter worth about $45,000. Larson Financial Group LLC increased its stake in Sprott Junior Gold Miners ETF by 1,937.3% during the 3rd quarter. Larson Financial Group LLC now owns 3,769 shares of the company’s stock valued at $139,000 after purchasing an additional 3,584 shares in the last quarter. CWA Asset Management Group LLC purchased a new position in Sprott Junior Gold Miners ETF in the third quarter worth about $415,000. Stansberry Asset Management LLC lifted its stake in shares of Sprott Junior Gold Miners ETF by 17.2% in the third quarter. Stansberry Asset Management LLC now owns 11,250 shares of the company’s stock worth $416,000 after buying an additional 1,655 shares in the last quarter. Finally, One Plus One Wealth Management LLC lifted its stake in shares of Sprott Junior Gold Miners ETF by 2.3% in the third quarter. One Plus One Wealth Management LLC now owns 324,536 shares of the company’s stock worth $11,998,000 after buying an additional 7,164 shares in 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.