Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Trading 0.3% Higher – Here’s What Happened

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ)’s share price traded up 0.3% on Friday . The stock traded as high as $86.16 and last traded at $85.44. 143,125 shares traded hands during mid-day trading, an increase of 52% from the average session volume of 94,023 shares. The stock had previously closed at $85.17.

Sprott Junior Gold Miners ETF Stock Up 0.3%

The company has a market cap of $318.69 million, a price-to-earnings ratio of 16.26 and a beta of 0.96. The company’s fifty day moving average price is $90.26 and its two-hundred day moving average price is $90.70.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Gateway Wealth Partners LLC acquired a new position in Sprott Junior Gold Miners ETF during the first quarter worth $201,000. Wealthfront Advisers LLC boosted its holdings in Sprott Junior Gold Miners ETF by 34.2% during the first quarter. Wealthfront Advisers LLC now owns 12,397 shares of the company’s stock worth $1,067,000 after purchasing an additional 3,159 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in Sprott Junior Gold Miners ETF by 2.2% during the first quarter. D.A. Davidson & CO. now owns 31,753 shares of the company’s stock worth $2,733,000 after purchasing an additional 671 shares during the last quarter. Private Advisor Group LLC boosted its holdings in Sprott Junior Gold Miners ETF by 3.6% during the first quarter. Private Advisor Group LLC now owns 8,274 shares of the company’s stock worth $712,000 after purchasing an additional 285 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in Sprott Junior Gold Miners ETF by 8.2% during the fourth quarter. Sunbelt Securities Inc. now owns 1,667 shares of the company’s stock worth $140,000 after purchasing an additional 127 shares during the last quarter.

About Sprott Junior Gold Miners ETF

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.