Sprott Gold Miners ETF (NYSEARCA:SGDM) Shares Purchased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. increased its stake in shares of Sprott Gold Miners ETF (NYSEARCA:SGDM) by 112.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 10,000 shares of the company’s stock after purchasing an additional 5,300 shares during the period. Geneos Wealth Management Inc.’s holdings in Sprott Gold Miners ETF were worth $278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Fiduciary Family Office LLC acquired a new stake in shares of Sprott Gold Miners ETF in the 4th quarter worth $489,000. CWA Asset Management Group LLC boosted its holdings in Sprott Gold Miners ETF by 125.0% in the 4th quarter. CWA Asset Management Group LLC now owns 20,700 shares of the company’s stock valued at $575,000 after purchasing an additional 11,502 shares in the last quarter. MML Investors Services LLC acquired a new position in Sprott Gold Miners ETF during the 3rd quarter worth approximately $214,000. Stifel Financial Corp acquired a new position in Sprott Gold Miners ETF during the 3rd quarter worth approximately $246,000. Finally, Captrust Financial Advisors lifted its holdings in shares of Sprott Gold Miners ETF by 2.4% in the 3rd quarter. Captrust Financial Advisors now owns 202,659 shares of the company’s stock valued at $6,278,000 after buying an additional 4,824 shares during the period.

Sprott Gold Miners ETF Price Performance

Sprott Gold Miners ETF stock opened at $30.36 on Thursday. The stock’s 50 day moving average price is $29.24 and its 200 day moving average price is $29.95. The company has a market cap of $273.54 million, a PE ratio of 24.90 and a beta of 0.70. Sprott Gold Miners ETF has a 1-year low of $20.72 and a 1-year high of $34.14.

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.