VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Hits New 52-Week High – Still a Buy?

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $151.08 and last traded at $151.5970, with a volume of 938146 shares. The stock had previously closed at $145.03.

VanEck Junior Gold Miners ETF Price Performance

The business’s fifty day simple moving average is $115.03 and its two-hundred day simple moving average is $95.64. The company has a market cap of $12.43 billion, a PE ratio of 24.09 and a beta of 0.74.

Institutional Trading of VanEck Junior Gold Miners ETF

Several institutional investors have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $28,000. TD Waterhouse Canada Inc. increased its holdings in VanEck Junior Gold Miners ETF by 98.1% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 321 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 159 shares in the last quarter. MassMutual Private Wealth & Trust FSB acquired a new position in VanEck Junior Gold Miners ETF during the third quarter worth $33,000. Root Financial Partners LLC purchased a new position in VanEck Junior Gold Miners ETF during the third quarter valued at $34,000. Finally, Flagship Harbor Advisors LLC purchased a new position in VanEck Junior Gold Miners ETF during the fourth quarter valued at $45,000.

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.