U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) Trading Up 2.3% – Time to Buy?

U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU)’s share price was up 2.3% during mid-day trading on Thursday . The company traded as high as $44.07 and last traded at $43.41. Approximately 29,780 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 40,842 shares. The stock had previously closed at $42.44.

U.S. Global GO GOLD and Precious Metal Miners ETF Stock Down 0.7%

The stock has a market cap of $191.80 million, a PE ratio of 22.28 and a beta of 0.64. The business’s 50-day simple moving average is $39.53 and its 200-day simple moving average is $34.64.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in U.S. Global GO GOLD and Precious Metal Miners ETF stock. OLD Mission Capital LLC acquired a new position in U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 21,454 shares of the company’s stock, valued at approximately $538,000. OLD Mission Capital LLC owned 0.49% of U.S. Global GO GOLD and Precious Metal Miners ETF as of its most recent filing with the Securities and Exchange Commission.

About U.S. Global GO GOLD and Precious Metal Miners ETF

The U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of 28 precious metal mining firms listed in the US, Canada, Australia, Hong Kong or South Africa. Holdings are selected by fundamental factors and weighted in fixed tiers.