Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Trading Down 1.4% – Should You Sell?

Shares of Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) were down 1.4% during trading on Monday . The company traded as low as $86.07 and last traded at $86.70. Approximately 53,083 shares changed hands during mid-day trading, an increase of 22% from the average daily volume of 43,646 shares. The stock had previously closed at $87.92.

Sprott Junior Gold Miners ETF Stock Performance

The company’s fifty day moving average is $77.63 and its two-hundred day moving average is $63.68. The firm has a market cap of $335.29 million, a price-to-earnings ratio of 16.26 and a beta of 0.90.

Institutional Investors Weigh In On Sprott Junior Gold Miners ETF

Large investors have recently modified their holdings of the stock. Farther Finance Advisors LLC acquired a new position in Sprott Junior Gold Miners ETF during the 3rd quarter worth approximately $26,000. AdvisorNet Financial Inc raised its stake in shares of Sprott Junior Gold Miners ETF by 82.5% during the third quarter. AdvisorNet Financial Inc now owns 365 shares of the company’s stock valued at $26,000 after purchasing an additional 165 shares during the period. Financial Consulate Inc. acquired a new position in shares of Sprott Junior Gold Miners ETF during the third quarter worth $28,000. Optimum Investment Advisors purchased a new position in shares of Sprott Junior Gold Miners ETF in the third quarter valued at $32,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in Sprott Junior Gold Miners ETF during the 2nd quarter valued at $36,000.

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.