|Bid||34.33 x 1100|
|Ask||34.34 x 1000|
|Day's Range||33.91 - 35.38|
|52 Week Range||21.30 - 35.58|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.39|
|Expense Ratio (net)||0.57%|
Stocks fell last week as bets over aggressive rate cuts weakened and geopolitical tension flared up. Still, these ETFs managed sizable gains.
Sprott Asset Management LP ("Sprott" or “the Company”) and ALPS Distributors, Inc. announced today that, effective as of the close of business on July 19, 2019, the Sprott Gold Miners ETF (NYSE Arca: SGDM) and the Sprott Junior Gold Miners ETF (NYSE Arca: SGDJ), each a series of ALPS ETF Trust, have been reorganized into newly-created exchange-traded funds of the Sprott ETF Trust (each a “Fund” and together “the Funds”) in a tax-free transaction (the Reorganization). “We are pleased with the overwhelming investor support for this Reorganization. As a result, the Sprott Gold Miners ETFs will offer investors some of the lowest fees in the category,” said John Ciampaglia, CEO of Sprott Asset Management LP.
Gold shares are showing signs of support buildup at current lows, explains Omar Ayales, precious metal expert and editor of GCRU Weekly Trading Service.
Here is a look at the 25 best and 25 worst ETFs from the past week. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. Likewise, traders can also use this list to spot potential trend reversal opportunities that may offer a generous risk/reward. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
Gold has been on a tear, thanks to the patient Fed and the investors' flight to safety. The trend is likely to continue in the coming weeks as well.
Precious metals mining stocks and sector-related ETFs surged as gold prices strengthened and investors look toward attractive areas in the late market cycle. Among the best performing non-leveraged ETFs ...
ALPS Advisors, Inc., acquired by SS&C, providing products and services to the financial services industry, today announced that shareholders of record as of December 19, 2018 of the Sprott Gold Miners ETF (NYSE ARCA: SGDM) and Sprott Junior Gold Miners ETF (NYSE ARCA: SGDJ), each a series of ALPS ETF Trust (the Funds), will be asked to approve a reorganization of their respective Funds into newly-created exchange-traded funds (ETFs) of the Sprott ETF Trust. The proposed reorganizations of the Funds will allow shareholders the opportunity to continue investing in corresponding new ETFs with the same names and substantially the same investment objectives, investment strategies, policies and risks as the Funds, except with respect to the underlying index tracked by each Fund.
Precious metals miners ETFs surged Wednesday as gold strengthening on a weaker U.S. dollar and after Australian miners struck the "mother lode" of gold. The SPDR Gold Shares (GLD) rose 0.9% as Comex gold futures were 0.9% higher to $1,213 per ounce. A mine in Western Australia struck gold, uncovering around $11.5 million worth, NPR reports.