GeoSphere Capital Management LLC Takes $3.63 Million Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

GeoSphere Capital Management LLC bought a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 85,000 shares of the exchange traded fund’s stock, valued at approximately $3,634,000. VanEck Junior Gold Miners ETF makes up about 1.7% of GeoSphere Capital Management LLC’s investment portfolio, making the stock its 9th largest holding. GeoSphere Capital Management LLC owned 0.07% of VanEck Junior Gold Miners ETF at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. IMC Chicago LLC raised its stake in VanEck Junior Gold Miners ETF by 102.6% during the 4th quarter. IMC Chicago LLC now owns 26,712 shares of the exchange traded fund’s stock worth $1,142,000 after acquiring an additional 1,062,702 shares in the last quarter. Panview Capital Ltd purchased a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at about $29,506,000. BlueCrest Capital Management Ltd purchased a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at about $19,743,000. Marshall Wace LLP boosted its position in shares of VanEck Junior Gold Miners ETF by 229.3% in the 4th quarter. Marshall Wace LLP now owns 166,696 shares of the exchange traded fund’s stock valued at $7,126,000 after purchasing an additional 295,640 shares during the period. Finally, Cadence Wealth Management LLC purchased a new position in VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $12,395,000.

VanEck Junior Gold Miners ETF Stock Up 3.9 %

GDXJ opened at $64.33 on Friday. The firm has a market cap of $5.89 billion, a price-to-earnings ratio of 20.34 and a beta of 1.06. VanEck Junior Gold Miners ETF has a 52 week low of $40.26 and a 52 week high of $66.80. The business’s 50 day moving average is $57.78 and its two-hundred day moving average is $51.37.

About VanEck Junior Gold Miners ETF

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.