Stansberry Asset Management LLC Boosts Stake in Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ)

Stansberry Asset Management LLC lifted its holdings in Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) by 17.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,250 shares of the company’s stock after buying an additional 1,655 shares during the period. Stansberry Asset Management LLC’s holdings in Sprott Junior Gold Miners ETF were worth $416,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Sunbelt Securities Inc. acquired a new stake in Sprott Junior Gold Miners ETF during the second quarter worth about $45,000. Larson Financial Group LLC increased its position in shares of Sprott Junior Gold Miners ETF by 1,937.3% during the third quarter. Larson Financial Group LLC now owns 3,769 shares of the company’s stock valued at $139,000 after acquiring an additional 3,584 shares during the last quarter. One Plus One Wealth Management LLC increased its position in shares of Sprott Junior Gold Miners ETF by 2.3% during the third quarter. One Plus One Wealth Management LLC now owns 324,536 shares of the company’s stock valued at $11,998,000 after acquiring an additional 7,164 shares during the last quarter. Finally, CWA Asset Management Group LLC acquired a new stake in shares of Sprott Junior Gold Miners ETF during the third quarter valued at about $415,000.

Sprott Junior Gold Miners ETF Stock Performance

Shares of SGDJ stock opened at $38.66 on Thursday. The stock has a market capitalization of $138.02 million, a P/E ratio of 13.84 and a beta of 1.14. The company has a 50 day moving average price of $38.19 and a 200 day moving average price of $35.29. Sprott Junior Gold Miners ETF has a fifty-two week low of $25.10 and a fifty-two week high of $42.49.

Sprott Junior Gold Miners ETF 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.