6,921 Shares in Sprott Gold Miners ETF (NYSEARCA:SGDM) Bought by MML Investors Services LLC

MML Investors Services LLC bought a new stake in Sprott Gold Miners ETF (NYSEARCA:SGDM) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 6,921 shares of the company’s stock, valued at approximately $214,000. MML Investors Services LLC owned about 0.08% of Sprott Gold Miners ETF at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Sunbelt Securities Inc. purchased a new stake in shares of Sprott Gold Miners ETF during the 2nd quarter valued at $67,000. National Bank of Canada FI increased its position 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 valued at $143,000 after buying an additional 803 shares in the last quarter. Cutter & CO Brokerage Inc. purchased a new stake in Sprott Gold Miners ETF in the third quarter valued at about $218,000. Hara Capital LLC acquired a new stake in Sprott Gold Miners ETF in the third quarter worth about $227,000. Finally, Stifel Financial Corp purchased a new stake in shares of Sprott Gold Miners ETF during the third quarter worth about $246,000.

Sprott Gold Miners ETF Trading Up 0.5 %

NYSEARCA:SGDM opened at $28.09 on Friday. The company’s 50 day moving average is $30.17 and its two-hundred day moving average is $29.61. The company has a market cap of $253.09 million, a PE ratio of 24.90 and a beta of 0.70. Sprott Gold Miners ETF has a twelve month low of $20.72 and a twelve month high of $34.14.

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.