Sprott Gold Miners ETF
SGDM

$31.44

0.47%

Market Cap: $282M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

150% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 4

10% more funds holding

Funds holding: 59 [Q1] → 65 (+6) [Q2]

5.85% less ownership

Funds ownership: 30.75% [Q1] → 24.9% (-5.85%) [Q2]

9% less capital invested

Capital invested by funds: $66.6M [Q1] → $60.9M (-$5.79M) [Q2]

32% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 19

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Research analyst outlook

We haven’t received any recent analyst ratings for SGDM.

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Financial journalist opinion

Based on 4 articles about SGDM published over the past 30 days

Commodity ETF Flows: All That Glitters Is Gold

Gold ETFs are leading in flows across commodity funds as investors prepare for the shifting economic regime. The precious metal's prices reached an all-time high on Thursday following the Federal Reserve having cut interest rates by a half percentage point.

Commodity ETF Flows: All That Glitters Is Gold

Gold Pushes Past $2,600 En Route to New Highs

Rate cut expectations continue to add fuel to gold's serendipitous rise this year as the precious metal pushes past the $2,600 mark. Gold is already up over 26% for the year, outpacing the S&P 500.

Gold Pushes Past $2,600 En Route to New Highs

Looming Rate Cuts Can Keep Gold Bullish

Gold rallying may have been unforeseen by some, but to the vast majority, it could still offer a bullish investment prospect especially with interest rate cuts looming. The precious metal is up over 20% for the year, surpassing the S&P 500's 19% gain.

Looming Rate Cuts Can Keep Gold Bullish

Gold Mining Stocks Offer Investors Plenty of Value

Mining stocks can certainly benefit from gold's run as the precious metal looks to break past the $2,600 per ounce mark. Gold prices are already up about 23% for the year and could keep on rallying with a number of tailwinds behind it.

Gold Mining Stocks Offer Investors Plenty of Value

Gold ETF Inflows and Central Banks Push Metal to New Highs

Gold's rally to new highs is getting assistance from central banks buying and inflows into gold-focused exchange-traded funds. Along with optimism from forthcoming rate cuts, it could see the precious metal continue to see new highs.

Gold ETF Inflows and Central Banks Push Metal to New Highs

Safe Haven Demand Counteracting Gold ETF Outflows

The exit from gold-based ETFs last week was counterbalanced by safe haven demand amid heavy market volatility. When rates fall and the dollar declines, gold's rally could resume.

Safe Haven Demand Counteracting Gold ETF Outflows

Renewed Recession Fears Can Push Gold Prices Upward

While the anticipation of the first interest rate cut is building, so are recession fears. That could add another catalyst for higher gold prices as forthcoming economic data could hint at slower growth.

Renewed Recession Fears Can Push Gold Prices Upward

As Gold Prices Climb, Miners Are Offering Incredible Value

Gold prices have climbed over 17% for the year, taking advantage of a dollar that's expected to retreat once interest rates fall. As such, investors looking for opportunities may want to consider gold miners, as they're offering incredible value.

As Gold Prices Climb, Miners Are Offering Incredible Value

Fresh All-Time Highs Could Be in Store for Gold

Gold has been holding steady despite a stronger-than-expected Producer Price Index. Given its resilience, some market pundits see it reaching fresh all-time highs after hitting a consolidation phase.

Fresh All-Time Highs Could Be in Store for Gold

North America Investors Attracted to the Fundamentals of Gold

Gold's allure isn't relegated to just China demand and central bank buying. The World Gold Council, in an insights report, highlighted the growing demand from North America investors with an eye on the precious metal's fundamental benefits.

North America Investors Attracted to the Fundamentals of Gold

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