U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) Stock Price Up 3.3% – Still a Buy?

U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) was up 3.3% on Friday . The company traded as high as $38.84 and last traded at $38.47. Approximately 18,383 shares traded hands during trading, a decline of 55% from the average session volume of 41,034 shares. The stock had previously closed at $37.25.

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

The firm has a fifty day simple moving average of $42.12 and a 200-day simple moving average of $45.33. The company has a market capitalization of $170.81 million, a PE ratio of 22.28 and a beta of 0.65.

Institutional Trading of U.S. Global GO GOLD and Precious Metal Miners ETF

An institutional investor recently raised its stake in U.S. Global GO GOLD and Precious Metal Miners ETF stock. Principia Wealth Advisory LLC raised its stake in shares of U.S. Global GO GOLD and Precious Metal Miners ETF (NYSEARCA:GOAU) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 68,792 shares of the company’s stock after acquiring an additional 1,077 shares during the quarter. U.S. Global GO GOLD and Precious Metal Miners ETF makes up 0.8% of Principia Wealth Advisory LLC’s portfolio, making the stock its 16th biggest position. Principia Wealth Advisory LLC owned 1.55% of U.S. Global GO GOLD and Precious Metal Miners ETF worth $2,928,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

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.