PFG Investments LLC increased its position in shares of Sprott Gold Miners ETF (NYSEARCA:SGDM – Free Report) by 1.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 19,425 shares of the company’s stock after acquiring an additional 255 shares during the quarter. PFG Investments LLC owned approximately 0.21% of Sprott Gold Miners ETF worth $879,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AdvisorNet Financial Inc raised its holdings in Sprott Gold Miners ETF by 645.8% in the 2nd quarter. AdvisorNet Financial Inc now owns 2,685 shares of the company’s stock valued at $121,000 after acquiring an additional 2,325 shares during the last quarter. Wealth Alliance Advisory Group LLC acquired a new position in Sprott Gold Miners ETF in the second quarter valued at $200,000. Montis Financial LLC purchased a new position in Sprott Gold Miners ETF during the first quarter worth about $228,000. Private Advisor Group LLC acquired a new stake in Sprott Gold Miners ETF in the 1st quarter worth about $231,000. Finally, Beirne Wealth Consulting Services LLC acquired a new stake in Sprott Gold Miners ETF in the 1st quarter worth about $266,000.
Sprott Gold Miners ETF Price Performance
NYSEARCA SGDM opened at $62.30 on Friday. The company has a market cap of $573.78 million, a P/E ratio of -1,010.08 and a beta of 0.75. Sprott Gold Miners ETF has a 12 month low of $26.60 and a 12 month high of $63.48. The company has a 50-day moving average of $53.25 and a 200-day moving average of $45.97.
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.
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