Royal Bank of Canada Sells 19,317 Shares of Sprott Junior Gold Miners ETF $SGDJ

Royal Bank of Canada cut its position in Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) by 30.1% during the first quarter, Holdings Channel.com reports. The institutional investor owned 44,830 shares of the company’s stock after selling 19,317 shares during the quarter. Royal Bank of Canada’s holdings in Sprott Junior Gold Miners ETF were worth $3,859,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its holdings in shares of Sprott Junior Gold Miners ETF by 76.1% during the fourth quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock worth $13,461,000 after buying an additional 69,159 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in shares of Sprott Junior Gold Miners ETF by 160.8% in the 4th quarter. D.A. Davidson & CO. now owns 31,082 shares of the company’s stock worth $2,615,000 after acquiring an additional 19,165 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Sprott Junior Gold Miners ETF by 199.1% in the 2nd quarter. Bank of America Corp DE now owns 14,893 shares of the company’s stock worth $740,000 after acquiring an additional 9,913 shares in the last quarter. Holcombe Financial Inc. bought a new stake in Sprott Junior Gold Miners ETF during the 4th quarter worth approximately $797,000. Finally, Private Advisor Group LLC bought a new stake in Sprott Junior Gold Miners ETF during the 3rd quarter worth approximately $464,000.

Sprott Junior Gold Miners ETF Price Performance

SGDJ stock opened at $91.28 on Friday. The business has a fifty day moving average price of $79.28 and a 200 day moving average price of $89.14. Sprott Junior Gold Miners ETF has a fifty-two week low of $51.27 and a fifty-two week high of $115.78. The stock has a market capitalization of $333.17 million, a price-to-earnings ratio of 16.26 and a beta of 0.99.

About Sprott Junior Gold Miners ETF

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.