Ade LLC Has $584,000 Holdings in Sprott Gold Miners ETF (NYSEARCA:SGDM)

Ade LLC lessened its holdings in shares of Sprott Gold Miners ETF (NYSEARCA:SGDM) by 6.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,379 shares of the company’s stock after selling 1,600 shares during the period. Ade LLC’s holdings in Sprott Gold Miners ETF were worth $584,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. ORG Partners LLC acquired a new stake in shares of Sprott Gold Miners ETF during the 4th quarter worth approximately $57,000. Geneos Wealth Management Inc. boosted its position in Sprott Gold Miners ETF by 10.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 5,700 shares of the company’s stock valued at $142,000 after buying an additional 530 shares in the last quarter. New Harbor Financial Group LLC acquired a new stake in Sprott Gold Miners ETF in the fourth quarter valued at approximately $1,357,000. HC Advisors LLC boosted its position in Sprott Gold Miners ETF by 19.7% in the fourth quarter. HC Advisors LLC now owns 41,294 shares of the company’s stock valued at $1,032,000 after buying an additional 6,810 shares in the last quarter. Finally, Raymond James & Associates boosted its position in Sprott Gold Miners ETF by 191.8% in the fourth quarter. Raymond James & Associates now owns 34,155 shares of the company’s stock valued at $853,000 after buying an additional 22,450 shares in the last quarter.

Sprott Gold Miners ETF Trading Up 0.5 %

Sprott Gold Miners ETF stock traded up $0.12 during mid-day trading on Thursday, reaching $26.53. The company had a trading volume of 21,582 shares, compared to its average volume of 34,195. Sprott Gold Miners ETF has a fifty-two week low of $20.72 and a fifty-two week high of $31.40. The company has a market cap of $239.03 million, a P/E ratio of 24.40 and a beta of 0.73. The business has a fifty day simple moving average of $23.77 and a 200 day simple moving average of $23.86.

About Sprott Gold Miners ETF

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.