Convergence Financial LLC Purchases 10,789 Shares of Sprott Junior Gold Miners ETF $SGDJ

Convergence Financial LLC acquired a new stake in Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) during the third quarter, HoldingsChannel reports. The fund acquired 10,789 shares of the company’s stock, valued at approximately $954,000.

Several other institutional investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC acquired a new position in Sprott Junior Gold Miners ETF in the 2nd quarter valued at $86,000. Gateway Wealth Partners LLC acquired a new stake in shares of Sprott Junior Gold Miners ETF in the 1st quarter worth $201,000. New Harbor Financial Group LLC acquired a new position in shares of Sprott Junior Gold Miners ETF during the third quarter worth about $233,000. TD Waterhouse Canada Inc. increased its stake in shares of Sprott Junior Gold Miners ETF by 101.3% during the second quarter. TD Waterhouse Canada Inc. now owns 3,466 shares of the company’s stock worth $258,000 after acquiring an additional 1,744 shares during the period. Finally, Compass Financial Management LLC acquired a new position in shares of Sprott Junior Gold Miners ETF during the second quarter worth about $265,000.

Sprott Junior Gold Miners ETF Stock Performance

NYSEARCA:SGDJ opened at $80.37 on Thursday. Sprott Junior Gold Miners ETF has a 1 year low of $67.68 and a 1 year high of $115.78. The stock has a market capitalization of $303.80 million, a price-to-earnings ratio of 16.26 and a beta of 1.03. The stock has a fifty day moving average price of $91.48 and a two-hundred day moving average price of $90.15.

Sprott Junior Gold Miners ETF 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.