Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Stock Price Down 0.3% – Should You Sell?

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) dropped 0.3% during trading on Monday . The stock traded as low as $71.15 and last traded at $71.56. Approximately 25,169 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 84,458 shares. The stock had previously closed at $71.74.

Sprott Junior Gold Miners ETF Stock Up 3.1%

The business’s fifty day moving average is $81.24 and its 200 day moving average is $90.49. The stock has a market cap of $279.39 million, a PE ratio of 16.26 and a beta of 0.99.

Institutional Investors Weigh In On Sprott Junior Gold Miners ETF

A number of institutional investors and hedge funds have recently modified their holdings of SGDJ. Jane Street Group LLC raised its holdings in Sprott Junior Gold Miners ETF by 76.1% during the fourth quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock worth $13,461,000 after purchasing an additional 69,159 shares during the last quarter. Royal Bank of Canada grew its holdings in Sprott Junior Gold Miners ETF by 1,397.5% in the first quarter. Royal Bank of Canada now owns 58,012 shares of the company’s stock valued at $2,466,000 after purchasing an additional 54,138 shares during the last quarter. D.A. Davidson & CO. increased its position in shares of Sprott Junior Gold Miners ETF by 2.2% in the first quarter. D.A. Davidson & CO. now owns 31,753 shares of the company’s stock valued at $2,733,000 after buying an additional 671 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Sprott Junior Gold Miners ETF by 29.2% in the third quarter. Raymond James Financial Inc. now owns 26,685 shares of the company’s stock valued at $1,916,000 after buying an additional 6,028 shares in the last quarter. Finally, Stansberry Asset Management LLC raised its stake in shares of Sprott Junior Gold Miners ETF by 24.7% during the 4th quarter. Stansberry Asset Management LLC now owns 23,555 shares of the company’s stock worth $1,982,000 after buying an additional 4,670 shares during the last quarter.

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.