One Plus One Wealth Management LLC Reduces Holdings in Sprott Junior Gold Miners ETF $SGDJ

One Plus One Wealth Management LLC lowered its position in shares of Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) by 58.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 66,626 shares of the company’s stock after selling 91,828 shares during the period. Sprott Junior Gold Miners ETF makes up approximately 2.4% of One Plus One Wealth Management LLC’s portfolio, making the stock its 13th largest position. One Plus One Wealth Management LLC owned about 1.74% of Sprott Junior Gold Miners ETF worth $5,735,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SGDJ. Caitlin John LLC purchased a new stake in shares of Sprott Junior Gold Miners ETF during the 4th quarter valued at approximately $30,000. Simplex Trading LLC purchased a new position in Sprott Junior Gold Miners ETF in the fourth quarter worth approximately $34,000. Farther Finance Advisors LLC grew its position in Sprott Junior Gold Miners ETF by 42.0% in the fourth quarter. Farther Finance Advisors LLC now owns 514 shares of the company’s stock worth $43,000 after acquiring an additional 152 shares during the period. Sunbelt Securities Inc. increased its stake in Sprott Junior Gold Miners ETF by 8.2% during the fourth quarter. Sunbelt Securities Inc. now owns 1,667 shares of the company’s stock worth $140,000 after acquiring an additional 127 shares during the last quarter. Finally, FNY Investment Advisers LLC acquired a new stake in Sprott Junior Gold Miners ETF during the fourth quarter worth $143,000.

Sprott Junior Gold Miners ETF Stock Down 5.5%

NYSEARCA:SGDJ opened at $75.25 on Thursday. Sprott Junior Gold Miners ETF has a 52 week low of $47.39 and a 52 week high of $115.78. The company has a market capitalization of $280.68 million, a P/E ratio of 16.26 and a beta of 0.95. The stock’s fifty day moving average is $88.29 and its two-hundred day moving average is $91.90.

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.