Fiduciary Family Office LLC Invests $489,000 in Sprott Gold Miners ETF (NYSEARCA:SGDM)

Fiduciary Family Office LLC bought a new position in shares of Sprott Gold Miners ETF (NYSEARCA:SGDM) during the 4th quarter, HoldingsChannel reports. The fund bought 17,612 shares of the company’s stock, valued at approximately $489,000. Sprott Gold Miners ETF accounts for approximately 0.1% of Fiduciary Family Office LLC’s holdings, making the stock its 26th largest holding.

Several other large investors also recently modified their holdings of SGDM. Cetera Investment Advisers grew its holdings in shares of Sprott Gold Miners ETF by 11.1% during the 2nd quarter. Cetera Investment Advisers now owns 211,341 shares of the company’s stock worth $5,636,000 after purchasing an additional 21,192 shares in the last quarter. CWA Asset Management Group LLC grew its holdings in shares of Sprott Gold Miners ETF by 125.0% during the 4th quarter. CWA Asset Management Group LLC now owns 20,700 shares of the company’s stock worth $575,000 after purchasing an additional 11,502 shares in the last quarter. Stifel Financial Corp acquired a new stake in shares of Sprott Gold Miners ETF during the 3rd quarter worth $246,000. Hara Capital LLC acquired a new stake in shares of Sprott Gold Miners ETF during the 3rd quarter worth $227,000. Finally, Cutter & CO Brokerage Inc. acquired a new stake in shares of Sprott Gold Miners ETF during the 3rd quarter worth $218,000.

Sprott Gold Miners ETF Stock Performance

SGDM opened at $30.15 on Thursday. The business’s fifty day moving average is $29.04 and its 200-day moving average is $29.91. The firm has a market cap of $271.65 million, a P/E ratio of 24.90 and a beta of 0.70. Sprott Gold Miners ETF has a 52-week low of $20.72 and a 52-week high of $34.14.

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.