Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Trading 0.4% Higher – Here’s What Happened

Shares of Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) were up 0.4% on Wednesday . The company traded as high as $42.48 and last traded at $42.42. Approximately 18,894 shares traded hands during trading, a decline of 18% from the average daily volume of 22,976 shares. The stock had previously closed at $42.24.

Sprott Junior Gold Miners ETF Stock Down 3.5 %

The stock’s fifty day simple moving average is $38.30 and its 200-day simple moving average is $37.36. The company has a market capitalization of $137.72 million, a PE ratio of 19.23 and a beta of 1.31.

Institutional Trading of Sprott Junior Gold Miners ETF

Several institutional investors and hedge funds have recently modified their holdings of SGDJ. Jane Street Group LLC lifted its position in shares of Sprott Junior Gold Miners ETF by 75.2% in the fourth quarter. Jane Street Group LLC now owns 19,813 shares of the company’s stock valued at $659,000 after acquiring an additional 8,505 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Sprott Junior Gold Miners ETF in the 4th quarter valued at about $601,000. OLD Mission Capital LLC purchased a new position in Sprott Junior Gold Miners ETF in the 4th quarter valued at about $421,000. Sprott Inc. acquired a new stake in shares of Sprott Junior Gold Miners ETF during the 4th quarter worth about $1,005,000. Finally, Stansberry Asset Management LLC grew its holdings in shares of Sprott Junior Gold Miners ETF by 17.2% during the third quarter. Stansberry Asset Management LLC now owns 11,250 shares of the company’s stock worth $416,000 after buying an additional 1,655 shares in 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.