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

Hara Capital LLC lowered its stake in shares of Sprott Gold Miners ETF (NYSEARCA:SGDM) by 15.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,175 shares of the company’s stock after selling 1,150 shares during the quarter. Hara Capital LLC owned about 0.07% of Sprott Gold Miners ETF worth $171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of SGDM. Fiduciary Family Office LLC purchased a new position in shares of Sprott Gold Miners ETF during the fourth quarter valued at about $489,000. CWA Asset Management Group LLC boosted its stake in Sprott Gold Miners ETF by 125.0% during the fourth quarter. CWA Asset Management Group LLC now owns 20,700 shares of the company’s stock worth $575,000 after acquiring an additional 11,502 shares in the last quarter. Stifel Financial Corp bought a new stake in Sprott Gold Miners ETF during the third quarter worth about $246,000. Cutter & CO Brokerage Inc. bought a new stake in Sprott Gold Miners ETF during the third quarter worth about $218,000. Finally, MML Investors Services LLC bought a new stake in Sprott Gold Miners ETF during the third quarter worth about $214,000.

Sprott Gold Miners ETF Price Performance

NYSEARCA:SGDM opened at $33.34 on Tuesday. Sprott Gold Miners ETF has a one year low of $20.74 and a one year high of $34.57. The company’s 50-day simple moving average is $30.07 and its 200 day simple moving average is $30.30. The firm has a market capitalization of $300.39 million, a P/E ratio of 24.90 and a beta of 0.70.

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.