U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) Trading 0.3% Higher – Here’s What Happened

by · The Cerbat Gem

U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU – Get Free Report) shares rose 0.3% on Thursday . The company traded as high as $47.72 and last traded at $47.10. Approximately 37,349 shares changed hands during mid-day trading, a decline of 19% from the average daily volume of 46,217 shares. The stock had previously closed at $46.95.

U.S. Global GO GOLD and Precious Metal Miners ETF Stock Performance

The stock’s 50 day simple moving average is $47.74 and its two-hundred day simple moving average is $44.08. The firm has a market capitalization of $208.18 million, a PE ratio of 22.28 and a beta of 0.71.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in U.S. Global GO GOLD and Precious Metal Miners ETF stock. Principia Wealth Advisory LLC grew its holdings in U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU – Free Report) by 1.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,792 shares of the company’s stock after purchasing an additional 1,077 shares during the quarter. U.S. Global GO GOLD and Precious Metal Miners ETF comprises approximately 0.8% of Principia Wealth Advisory LLC’s portfolio, making the stock its 16th largest holding. Principia Wealth Advisory LLC owned approximately 1.55% of U.S. Global GO GOLD and Precious Metal Miners ETF worth $2,928,000 as of its most recent SEC filing.

About U.S. Global GO GOLD and Precious Metal Miners ETF

(Get Free Report)

The U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an index of 28 precious metal mining firms listed in the US, Canada, Australia, Hong Kong or South Africa. Holdings are selected by fundamental factors and weighted in fixed tiers. GOAU was launched on Jun 27, 2017 and is managed by US Global.

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