U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) Stock Price Down 0.4% – Time to Sell?

U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU)’s stock price dropped 0.4% during trading on Monday . The company traded as low as $29.65 and last traded at $29.67. Approximately 26,835 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 27,817 shares. The stock had previously closed at $29.78.

U.S. Global GO GOLD and Precious Metal Miners ETF Price Performance

The business has a fifty day moving average of $28.81 and a 200 day moving average of $24.93. The stock has a market cap of $126.10 million, a price-to-earnings ratio of 22.28 and a beta of 0.99.

Hedge Funds Weigh In On U.S. Global GO GOLD and Precious Metal Miners ETF

An institutional investor recently bought a new position in U.S. Global GO GOLD and Precious Metal Miners ETF stock. Kingswood Wealth Advisors LLC bought a new position in shares of U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 16,306 shares of the company’s stock, valued at approximately $409,000. Kingswood Wealth Advisors LLC owned 0.37% of U.S. Global GO GOLD and Precious Metal Miners ETF as of its most recent SEC filing.

U.S. Global GO GOLD and Precious Metal Miners ETF Company Profile

The U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of 28 precious metal mining firms listed in the US, Canada, Australia, Hong Kong or South Africa. Holdings are selected by fundamental factors and weighted in fixed tiers.