Sprott Gold Miners ETF $SGDM Shares Sold by Auxano Advisors LLC

Auxano Advisors LLC trimmed its stake in Sprott Gold Miners ETF (NYSEARCA:SGDM) by 10.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 84,208 shares of the company’s stock after selling 9,877 shares during the quarter. Sprott Gold Miners ETF makes up 1.2% of Auxano Advisors LLC’s holdings, making the stock its 15th largest holding. Auxano Advisors LLC’s holdings in Sprott Gold Miners ETF were worth $5,863,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Farther Finance Advisors LLC increased its holdings in shares of Sprott Gold Miners ETF by 36.6% in the 4th quarter. Farther Finance Advisors LLC now owns 690 shares of the company’s stock valued at $48,000 after purchasing an additional 185 shares during the period. Advisory Services Network LLC acquired a new stake in Sprott Gold Miners ETF during the third quarter valued at $52,000. MH & Associates Securities Management Corp ADV acquired a new stake in Sprott Gold Miners ETF during the fourth quarter valued at $129,000. CIBC Private Wealth Group LLC boosted its position in Sprott Gold Miners ETF by 132.9% during the third quarter. CIBC Private Wealth Group LLC now owns 2,278 shares of the company’s stock valued at $141,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Dempze Nancy E bought a new stake in shares of Sprott Gold Miners ETF during the 3rd quarter worth about $202,000.

Sprott Gold Miners ETF Stock Performance

SGDM opened at $72.21 on Tuesday. The company has a market cap of $660.72 million, a PE ratio of -1,170.76 and a beta of 0.49. The stock has a 50-day moving average of $76.93 and a 200-day moving average of $75.01. Sprott Gold Miners ETF has a 52-week low of $39.39 and a 52-week high of $96.50.

Sprott Gold Miners ETF Company Profile

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.