Geneos Wealth Management Inc. boosted its holdings in Sprott Gold Miners ETF (NYSEARCA:SGDM – Free Report) by 10.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,700 shares of the company’s stock after acquiring an additional 530 shares during the period. Geneos Wealth Management Inc.’s holdings in Sprott Gold Miners ETF were worth $142,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Comerica Bank bought a new position in Sprott Gold Miners ETF in the third quarter worth about $48,000. Raymond James & Associates bought a new position in Sprott Gold Miners ETF in the first quarter worth about $209,000. Stifel Financial Corp bought a new position in Sprott Gold Miners ETF in the first quarter worth about $209,000. Cambridge Investment Research Advisors Inc. bought a new position in Sprott Gold Miners ETF in the first quarter worth about $244,000. Finally, Optimum Investment Advisors lifted its holdings in Sprott Gold Miners ETF by 8.1% in the fourth quarter. Optimum Investment Advisors now owns 8,700 shares of the company’s stock worth $217,000 after acquiring an additional 650 shares during the last quarter.
Sprott Gold Miners ETF Trading Down 1.1 %
SGDM opened at $26.35 on Tuesday. The business’s 50 day moving average is $23.55 and its 200-day moving average is $23.79. The stock has a market cap of $237.41 million, a PE ratio of 24.40 and a beta of 0.73. Sprott Gold Miners ETF has a twelve month low of $20.72 and a twelve month high of $31.40.
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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