Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Shares Down 0.9% – Here’s What Happened

Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ)’s share price was down 0.9% during mid-day trading on Tuesday . The company traded as low as $99.60 and last traded at $99.63. 32,126 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 76,758 shares. The stock had previously closed at $100.49.

Sprott Junior Gold Miners ETF Stock Down 0.9%

The stock has a market cap of $363.65 million, a PE ratio of 16.26 and a beta of 1.05. The business’s 50-day simple moving average is $85.97 and its 200-day simple moving average is $88.90.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Caitlin John LLC purchased a new stake in Sprott Junior Gold Miners ETF in the 4th quarter worth approximately $30,000. Simplex Trading LLC purchased a new stake in Sprott Junior Gold Miners ETF in the fourth quarter worth $34,000. Sunbelt Securities Inc. boosted its holdings in Sprott Junior Gold Miners ETF by 8.2% in the fourth quarter. Sunbelt Securities Inc. now owns 1,667 shares of the company’s stock valued at $140,000 after acquiring an additional 127 shares in the last quarter. NewEdge Advisors LLC bought a new stake in Sprott Junior Gold Miners ETF in the fourth quarter valued at $193,000. Finally, Gateway Wealth Partners LLC bought a new stake in Sprott Junior Gold Miners ETF in the first quarter valued at $201,000.

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.