MH & Associates Securities Management Corp ADV Invests $1.26 Million in Sprott Junior Gold Miners ETF $SGDJ

MH & Associates Securities Management Corp ADV bought a new position in Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,001 shares of the company’s stock, valued at approximately $1,262,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. FNY Investment Advisers LLC bought a new position in shares of Sprott Junior Gold Miners ETF in the fourth quarter worth approximately $143,000. Brookstone Capital Management bought a new position in shares of Sprott Junior Gold Miners ETF in the fourth quarter worth approximately $1,319,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of Sprott Junior Gold Miners ETF in the fourth quarter worth approximately $360,000. Raymond James Financial Inc. lifted its stake in shares of Sprott Junior Gold Miners ETF by 29.2% in the third quarter. Raymond James Financial Inc. now owns 26,685 shares of the company’s stock worth $1,916,000 after buying an additional 6,028 shares in the last quarter. Finally, Nicolet Advisory Services LLC bought a new position in shares of Sprott Junior Gold Miners ETF in the third quarter worth approximately $201,000.

Sprott Junior Gold Miners ETF Price Performance

Shares of NYSEARCA:SGDJ opened at $92.58 on Thursday. The company has a market cap of $348.10 million, a P/E ratio of 16.26 and a beta of 0.97. Sprott Junior Gold Miners ETF has a 1 year low of $38.34 and a 1 year high of $115.78. The stock’s fifty day moving average price is $96.16 and its 200-day moving average price is $86.72.

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.