VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Stock Position Reduced by Moors & Cabot Inc.

Moors & Cabot Inc. decreased its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 5.9% in the third quarter, Holdings Channel reports. The institutional investor owned 16,241 shares of the exchange traded fund’s stock after selling 1,017 shares during the quarter. Moors & Cabot Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $793,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Ridgewood Investments LLC acquired a new stake in shares of VanEck Junior Gold Miners ETF during the 2nd quarter valued at about $29,000. Strategic Investment Solutions Inc. IL bought a new position in VanEck Junior Gold Miners ETF during the second quarter valued at approximately $36,000. Arlington Trust Co LLC acquired a new stake in VanEck Junior Gold Miners ETF in the third quarter valued at approximately $37,000. MCF Advisors LLC bought a new stake in VanEck Junior Gold Miners ETF in the second quarter worth approximately $76,000. Finally, Howe & Rusling Inc. increased its stake in shares of VanEck Junior Gold Miners ETF by 73.6% during the 3rd quarter. Howe & Rusling Inc. now owns 2,156 shares of the exchange traded fund’s stock worth $105,000 after purchasing an additional 914 shares during the last quarter.

VanEck Junior Gold Miners ETF Trading Down 0.2 %

VanEck Junior Gold Miners ETF stock opened at $48.34 on Friday. The company has a market capitalization of $5.68 billion, a P/E ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a 1-year low of $30.89 and a 1-year high of $55.58. The firm’s fifty day simple moving average is $49.79 and its 200-day simple moving average is $46.32.

VanEck Junior Gold Miners ETF Company Profile

Market Vectors Junior Gold Miners ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (the Index). The Index provides exposure to a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of the Company’s revenue from gold or silver mining when developed, or primarily invest in gold or silver.