Cetera Investment Advisers Reduces Stake in Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ)

Cetera Investment Advisers lowered its holdings in Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) by 1.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 13,713 shares of the company’s stock after selling 262 shares during the quarter. Cetera Investment Advisers owned about 0.40% of Sprott Junior Gold Miners ETF worth $583,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in shares of Sprott Junior Gold Miners ETF in the fourth quarter valued at approximately $601,000. Jane Street Group LLC boosted its stake in shares of Sprott Junior Gold Miners ETF by 75.2% in the fourth quarter. Jane Street Group LLC now owns 19,813 shares of the company’s stock valued at $659,000 after buying an additional 8,505 shares in the last quarter. Inlight Wealth Management LLC purchased a new stake in Sprott Junior Gold Miners ETF during the first quarter worth $46,000. Cambridge Investment Research Advisors Inc. boosted its position in Sprott Junior Gold Miners ETF by 9.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 27,701 shares of the company’s stock worth $1,178,000 after purchasing an additional 2,294 shares in the last quarter. Finally, DAVENPORT & Co LLC purchased a new stake in Sprott Junior Gold Miners ETF during the first quarter worth $208,000.

Sprott Junior Gold Miners ETF Stock Performance

SGDJ opened at $52.97 on Friday. The business’s fifty day moving average is $50.75 and its two-hundred day moving average is $45.54. The company has a market cap of $190.16 million, a price-to-earnings ratio of 16.26 and a beta of 1.17. Sprott Junior Gold Miners ETF has a one year low of $32.38 and a one year high of $53.70.

Sprott Junior Gold Miners ETF Company Profile

The Sprott Junior Gold Miners ETF (SGDJ) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an equity index of small-cap gold mining firms. Stocks are weighted by price momentum for gold explorers and by revenue growth for gold developers. SGDJ was launched on Mar 31, 2015 and is managed by Sprott.