Sprott Gold Miners ETFSGDM
SGDM
0
Funds holding %
of 6,815 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
9% more funds holding
Funds holding: 65 [Q2] → 71 (+6) [Q3]
2% more capital invested
Capital invested by funds: $66.6M [Q2] → $68M (+$1.36M) [Q3]
2.78% less ownership
Funds ownership: 27.25% [Q2] → 24.47% (-2.78%) [Q3]
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
Research analyst outlook
We haven’t received any recent analyst ratings for SGDM.
Financial journalist opinion
Based on 3 articles about SGDM published over the past 30 days
Positive
ETF Trends
1 week ago
History Shows Gold Could Repeat Its 2024 Rally
Heading into the new year, the capital markets might be positing whether gold can repeat its 2024 performance. According to Citi analysts, recent history shows that it can.
Positive
ETF Trends
2 weeks ago
Positive Forecasts for Gold, Silver Despite Dollar Pressure
A rising dollar has been applying downward pressure on gold and silver following the U.S. presidential election. But market experts are still forecasting record prices for both precious metals heading into 2025.
Positive
Seeking Alpha
3 weeks ago
SGDM: Buying The Gold Miner Dip
SGDM has lagged behind peers like RING and GDX but shows potential for outperformance due to active management and smaller cap allocations. Despite recent underperformance, I believe dips in gold miners are buy opportunities, driven by increased production and strong demand from central banks and investors. Technically, SGDM's recovery above the 50-day MA and RSI-14 above 50 indicate bullish sentiment, making it a strong buy on both technicals and fundamentals.
Positive
ETF Trends
1 month ago
Rising Russia-Ukraine Tensions Reinvigorates Gold Prices
The U.S. post-election rally is dissipating quickly, giving way to more upside for gold. In particular, increasing tensions between Russia and Ukraine is spurring a flight to safe haven assets and reinvigorating gold prices again.
Positive
ETF Trends
2 months ago
Rising U.S. Debt and Yields Keep Gold Bullish
Gold continues to surge and rising debt levels in the U.S. and elevated yields should help keep the precious metal bullish. Gold prices are already up over 30% for the year and could keep climbing.
Neutral
ETF Trends
2 months ago
Global Uncertainties Push Gold to New Record Highs
Amid global uncertainties, gold continues to push higher. The precious metal is already up over 30% for the year as it eyes the $2,800 per ounce price marker as the next goal.
Positive
ETF Trends
2 months ago
Gold Miners Unnoticed Despite Potential Record Q3 Earnings
Gold prices have risen over 30% this year. So it's no wonder that miners are headed for a record third-quarter earnings season.
Positive
ETF Trends
2 months ago
Mixed Economic Data Maintains Bullish Case for Gold
Economic data could put the Federal Reserve in a state of flux as it decides to cut interest rates while still receiving data that the economy is running hot. In the meantime, this maintains the bullish case for gold.
Positive
ETF Trends
3 months ago
Gold Demand in China & India Could Keep Prices Elevated
Gold continues to push higher, eyeing the $2,700 price mark. Even if a pullback eventually occurs, demand from countries like China and India could keep the precious metal elevated.
Positive
ETF Trends
3 months ago
Rise to $3,000 for Gold ‘Only a Matter of Time'
Gold is continuing its climb, breaching the $2,600 mark recently. It looks well on its way past $2,700.
Charts implemented using Lightweight Charts™