Cetera Advisor Networks LLC Sells 29,337 Shares of Sprott Gold Miners ETF (NYSEARCA:SGDM)

Cetera Advisor Networks LLC reduced its position in Sprott Gold Miners ETF (NYSEARCA:SGDMFree Report) by 12.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 206,745 shares of the company’s stock after selling 29,337 shares during the quarter. Cetera Advisor Networks LLC owned approximately 2.16% of Sprott Gold Miners ETF worth $5,166,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. New Harbor Financial Group LLC bought a new position in Sprott Gold Miners ETF in the fourth quarter worth $1,357,000. HC Advisors LLC lifted its position in Sprott Gold Miners ETF by 19.7% in the fourth quarter. HC Advisors LLC now owns 41,294 shares of the company’s stock worth $1,032,000 after purchasing an additional 6,810 shares during the period. Raymond James & Associates lifted its position in Sprott Gold Miners ETF by 191.8% in the fourth quarter. Raymond James & Associates now owns 34,155 shares of the company’s stock worth $853,000 after purchasing an additional 22,450 shares during the period. Optimum Investment Advisors lifted its position 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 purchasing an additional 650 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in Sprott Gold Miners ETF by 10.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 5,700 shares of the company’s stock worth $142,000 after purchasing an additional 530 shares during the period.

Sprott Gold Miners ETF Price Performance

Shares of SGDM stock opened at $26.26 on Monday. The stock has a market cap of $236.60 million, a P/E ratio of 24.90 and a beta of 0.70. The stock has a fifty day moving average price of $27.10 and a 200 day moving average price of $24.85. Sprott Gold Miners ETF has a one year low of $20.72 and a one year high of $29.46.

Sprott Gold Miners ETF Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding SGDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Gold Miners ETF (NYSEARCA:SGDMFree Report).

Institutional Ownership by Quarter for Sprott Gold Miners ETF (NYSEARCA:SGDM)

Receive News & Ratings for Sprott Gold Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Gold Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.