Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) is One Plus One Wealth Management LLC’s 2nd Largest Position

One Plus One Wealth Management LLC cut its holdings in Sprott Junior Gold Miners ETF (NYSEARCA:SGDJ) by 2.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 315,300 shares of the company’s stock after selling 9,236 shares during the quarter. Sprott Junior Gold Miners ETF makes up about 6.2% of One Plus One Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. One Plus One Wealth Management LLC owned approximately 0.09% of Sprott Junior Gold Miners ETF worth $10,488,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its stake in Sprott Junior Gold Miners ETF by 1,937.3% in the third quarter. Larson Financial Group LLC now owns 3,769 shares of the company’s stock worth $139,000 after acquiring an additional 3,584 shares during the period. CWA Asset Management Group LLC purchased a new stake in shares of Sprott Junior Gold Miners ETF during the third quarter valued at about $415,000. Finally, Stansberry Asset Management LLC lifted its position in shares of Sprott Junior Gold Miners ETF by 17.2% during the third quarter. Stansberry Asset Management LLC now owns 11,250 shares of the company’s stock valued at $416,000 after buying an additional 1,655 shares during the last quarter.

Sprott Junior Gold Miners ETF Stock Performance

SGDJ stock opened at $39.30 on Thursday. The firm has a market cap of $140.30 million, a price-to-earnings ratio of 13.84 and a beta of 1.14. The firm has a 50-day simple moving average of $36.24 and a two-hundred day simple moving average of $36.33. Sprott Junior Gold Miners ETF has a one year low of $25.10 and a one year high of $42.49.

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.