Sprott Gold Miners ETF $SGDM Shares Sold by CWA Asset Management Group LLC

CWA Asset Management Group LLC cut its holdings in shares of Sprott Gold Miners ETF (NYSEARCA:SGDM) by 37.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,000 shares of the company’s stock after selling 7,700 shares during the quarter. CWA Asset Management Group LLC owned about 0.14% of Sprott Gold Miners ETF worth $905,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CIBC Private Wealth Group LLC lifted its position in Sprott Gold Miners ETF by 132.9% in the third quarter. CIBC Private Wealth Group LLC now owns 2,278 shares of the company’s stock valued at $141,000 after buying an additional 1,300 shares during the last quarter. Sunbelt Securities Inc. boosted its position in shares of Sprott Gold Miners ETF by 88.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 4,762 shares of the company’s stock worth $295,000 after purchasing an additional 2,237 shares during the period. Advisory Services Network LLC acquired a new stake in Sprott Gold Miners ETF in the 3rd quarter valued at approximately $52,000. NewEdge Advisors LLC purchased a new stake in Sprott Gold Miners ETF in the third quarter valued at approximately $448,000. Finally, United Capital Financial Advisors LLC acquired a new position in Sprott Gold Miners ETF during the third quarter worth $1,341,000.

Sprott Gold Miners ETF Trading Up 2.9%

Shares of NYSEARCA SGDM opened at $68.63 on Tuesday. Sprott Gold Miners ETF has a twelve month low of $33.34 and a twelve month high of $96.50. The stock has a fifty day simple moving average of $82.78 and a 200-day simple moving average of $70.69. The stock has a market capitalization of $657.48 million, a PE ratio of -1,112.71 and a beta of 0.44.

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.