Hara Capital LLC Purchases New Stake in Sprott Gold Miners ETF (NYSEARCA:SGDM)

Hara Capital LLC purchased a new stake in shares of Sprott Gold Miners ETF (NYSEARCA:SGDM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 7,325 shares of the company’s stock, valued at approximately $227,000. Hara Capital LLC owned about 0.08% of Sprott Gold Miners ETF at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Sunbelt Securities Inc. purchased a new position in shares of Sprott Gold Miners ETF during the 2nd quarter worth $67,000. ORG Partners LLC purchased a new position in shares of Sprott Gold Miners ETF during the 2nd quarter worth $69,000. National Bank of Canada FI lifted its stake in Sprott Gold Miners ETF by 17.5% during the 2nd quarter. National Bank of Canada FI now owns 5,390 shares of the company’s stock worth $143,000 after acquiring an additional 803 shares in the last quarter. Cutter & CO Brokerage Inc. acquired a new position in Sprott Gold Miners ETF during the 3rd quarter worth about $218,000. Finally, Optimum Investment Advisors lifted its stake in Sprott Gold Miners ETF by 12.7% during the 2nd quarter. Optimum Investment Advisors now owns 7,100 shares of the company’s stock worth $189,000 after acquiring an additional 800 shares in the last quarter.

Sprott Gold Miners ETF Trading Down 0.4 %

SGDM traded down $0.13 during trading hours on Thursday, hitting $30.18. 34,642 shares of the company’s stock were exchanged, compared to its average volume of 29,720. The firm has a market cap of $271.92 million, a P/E ratio of 24.90 and a beta of 0.70. Sprott Gold Miners ETF has a 12-month low of $20.72 and a 12-month high of $34.14. The firm has a 50 day moving average of $31.23 and a 200 day moving average of $29.15.

About Sprott Gold Miners ETF

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.