Stonehage Fleming Financial Services Holdings Ltd Boosts Stock Position in Sprott Gold Miners ETF $SGDM

Stonehage Fleming Financial Services Holdings Ltd boosted its holdings in Sprott Gold Miners ETF (NYSEARCA:SGDM) by 47.2% during the 2nd quarter, Holdings Channel reports. The firm owned 2,292 shares of the company’s stock after acquiring an additional 735 shares during the period. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Sprott Gold Miners ETF were worth $104,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. PFG Investments LLC lifted its position in shares of Sprott Gold Miners ETF by 1.3% during the 2nd quarter. PFG Investments LLC now owns 19,425 shares of the company’s stock valued at $879,000 after buying an additional 255 shares during the last quarter. HC Advisors LLC lifted its position in shares of Sprott Gold Miners ETF by 0.7% during the 1st quarter. HC Advisors LLC now owns 48,140 shares of the company’s stock valued at $1,826,000 after buying an additional 325 shares during the last quarter. Capital Wealth Alliance LLC lifted its position in shares of Sprott Gold Miners ETF by 6.5% during the 1st quarter. Capital Wealth Alliance LLC now owns 8,228 shares of the company’s stock valued at $312,000 after buying an additional 500 shares during the last quarter. Optimum Investment Advisors lifted its position in shares of Sprott Gold Miners ETF by 11.2% during the 1st quarter. Optimum Investment Advisors now owns 9,900 shares of the company’s stock valued at $376,000 after buying an additional 1,000 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Sprott Gold Miners ETF by 381.3% during the 2nd quarter. Blue Trust Inc. now owns 1,444 shares of the company’s stock valued at $65,000 after buying an additional 1,144 shares during the last quarter.

Sprott Gold Miners ETF Price Performance

Shares of NYSEARCA SGDM opened at $61.51 on Friday. Sprott Gold Miners ETF has a one year low of $26.60 and a one year high of $64.49. The business’s fifty day moving average price is $55.33 and its 200-day moving average price is $47.10. The stock has a market capitalization of $600.34 million, a PE ratio of -997.28 and a beta of 0.75.

Sprott Gold Miners ETF Company Profile

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.