One Plus One Wealth Management LLC Lowers Stock Position in Sprott Junior Gold Miners ETF $SGDJ

One Plus One Wealth Management LLC cut its stake in shares of Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) by 58.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 66,626 shares of the company’s stock after selling 91,828 shares during the period. Sprott Junior Gold Miners ETF makes up 2.4% of One Plus One Wealth Management LLC’s holdings, making the stock its 13th biggest holding. One Plus One Wealth Management LLC’s holdings in Sprott Junior Gold Miners ETF were worth $5,735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. MH & Associates Securities Management Corp ADV purchased a new position in shares of Sprott Junior Gold Miners ETF during the 4th quarter worth approximately $1,262,000. Holcombe Financial Inc. acquired a new stake in Sprott Junior Gold Miners ETF in the 4th quarter valued at approximately $797,000. Brookstone Capital Management purchased a new stake in Sprott Junior Gold Miners ETF in the fourth quarter valued at approximately $1,319,000. D.A. Davidson & CO. raised its position in Sprott Junior Gold Miners ETF by 160.8% in the fourth quarter. D.A. Davidson & CO. now owns 31,082 shares of the company’s stock valued at $2,615,000 after purchasing an additional 19,165 shares during the period. Finally, Sprott Inc. lifted its stake in Sprott Junior Gold Miners ETF by 24.6% during the third quarter. Sprott Inc. now owns 36,272 shares of the company’s stock worth $2,604,000 after purchasing an additional 7,155 shares in the last quarter.

Sprott Junior Gold Miners ETF Stock Down 5.5%

NYSEARCA:SGDJ opened at $75.25 on Thursday. Sprott Junior Gold Miners ETF has a 52 week low of $47.39 and a 52 week high of $115.78. The stock’s fifty day moving average is $88.29 and its two-hundred day moving average is $91.90. The stock has a market capitalization of $280.68 million, a price-to-earnings ratio of 16.26 and a beta of 0.95.

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.