Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) Stock Price Up 2.4% – Still a Buy?

Shares of Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) rose 2.4% during mid-day trading on Friday . The stock traded as high as $80.14 and last traded at $79.35. Approximately 65,893 shares were traded during trading, a decline of 27% from the average daily volume of 90,751 shares. The stock had previously closed at $77.47.

Sprott Junior Gold Miners ETF Price Performance

The company has a market capitalization of $295.98 million, a PE ratio of 16.26 and a beta of 0.95. The company’s fifty day moving average is $89.57 and its 200-day moving average is $91.74.

Institutional Investors Weigh In On Sprott Junior Gold Miners ETF

Several institutional investors have recently bought and sold shares of SGDJ. Royal Bank of Canada boosted its stake in Sprott Junior Gold Miners ETF by 1,397.5% in the first quarter. Royal Bank of Canada now owns 58,012 shares of the company’s stock valued at $2,466,000 after acquiring an additional 54,138 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Sprott Junior Gold Miners ETF by 14.5% in the second quarter. Raymond James Financial Inc. now owns 20,657 shares of the company’s stock valued at $1,027,000 after acquiring an additional 2,609 shares in the last quarter. Jane Street Group LLC acquired a new stake in Sprott Junior Gold Miners ETF in the second quarter valued at approximately $648,000. Bank of America Corp DE boosted its stake in Sprott Junior Gold Miners ETF by 199.1% in the second quarter. Bank of America Corp DE now owns 14,893 shares of the company’s stock valued at $740,000 after acquiring an additional 9,913 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its stake in Sprott Junior Gold Miners ETF by 40.0% in the second quarter. Osaic Holdings Inc. now owns 2,916 shares of the company’s stock valued at $145,000 after acquiring an additional 833 shares in the last quarter.

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.