10,000 Shares in Sprott Gold Miners ETF $SGDM Acquired by Bayshore Capital Advisors LLC

Bayshore Capital Advisors LLC acquired a new position in Sprott Gold Miners ETF (NYSEARCA:SGDM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 10,000 shares of the company’s stock, valued at approximately $696,000. Sprott Gold Miners ETF comprises about 0.3% of Bayshore Capital Advisors LLC’s holdings, making the stock its 23rd biggest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its holdings in shares of Sprott Gold Miners ETF by 36.6% in the fourth quarter. Farther Finance Advisors LLC now owns 690 shares of the company’s stock worth $48,000 after buying an additional 185 shares during the last quarter. Beaumont Financial Advisors LLC boosted its holdings in shares of Sprott Gold Miners ETF by 3.4% in the fourth quarter. Beaumont Financial Advisors LLC now owns 7,913 shares of the company’s stock worth $551,000 after buying an additional 261 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of Sprott Gold Miners ETF by 6.9% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,981 shares of the company’s stock worth $347,000 after buying an additional 320 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of Sprott Gold Miners ETF by 7.7% in the third quarter. Private Advisor Group LLC now owns 6,157 shares of the company’s stock worth $382,000 after buying an additional 441 shares during the last quarter. Finally, HC Advisors LLC lifted its holdings in Sprott Gold Miners ETF by 1.7% during the third quarter. HC Advisors LLC now owns 48,117 shares of the company’s stock valued at $2,983,000 after purchasing an additional 811 shares in the last quarter.

Sprott Gold Miners ETF Price Performance

Shares of NYSEARCA:SGDM opened at $79.35 on Thursday. Sprott Gold Miners ETF has a 1-year low of $38.04 and a 1-year high of $96.50. The company has a market capitalization of $726.05 million, a P/E ratio of -1,286.52 and a beta of 0.49. The firm’s 50 day simple moving average is $77.66 and its two-hundred day simple moving average is $74.67.

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.