Jane Street Group LLC decreased its holdings in shares of Sprott Gold Miners ETF (NYSEARCA:SGDM – Free Report) by 93.0% during the third quarter, Holdings Channel.com reports. The fund owned 8,929 shares of the company’s stock after selling 118,222 shares during the period. Jane Street Group LLC’s holdings in Sprott Gold Miners ETF were worth $277,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of SGDM. Cetera Investment Advisers grew its stake in shares of Sprott Gold Miners ETF by 11.1% during the second quarter. Cetera Investment Advisers now owns 211,341 shares of the company’s stock worth $5,636,000 after acquiring an additional 21,192 shares during the last quarter. CWA Asset Management Group LLC purchased a new stake in shares of Sprott Gold Miners ETF during the third quarter worth about $285,000. Stifel Financial Corp purchased a new stake in shares of Sprott Gold Miners ETF during the third quarter worth about $246,000. Hara Capital LLC purchased a new stake in shares of Sprott Gold Miners ETF during the third quarter worth about $227,000. Finally, Cutter & CO Brokerage Inc. purchased a new stake in shares of Sprott Gold Miners ETF during the third quarter worth about $218,000.
Sprott Gold Miners ETF Stock Performance
Shares of SGDM stock opened at $29.12 on Friday. Sprott Gold Miners ETF has a fifty-two week low of $20.72 and a fifty-two week high of $34.14. The firm has a market capitalization of $262.37 million, a price-to-earnings ratio of 24.90 and a beta of 0.70. The stock’s 50-day simple moving average is $29.14 and its 200-day simple moving average is $29.75.
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.
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