Rafferty Asset Management LLC Decreases Stake in VanEck Junior Gold Miners ETF $GDXJ

Rafferty Asset Management LLC lowered its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 15.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,345,559 shares of the exchange traded fund’s stock after selling 237,313 shares during the quarter. Rafferty Asset Management LLC owned 1.58% of VanEck Junior Gold Miners ETF worth $133,251,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Caitlin John LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF during the third quarter valued at approximately $74,000. Gemsstock Ltd. boosted its position in VanEck Junior Gold Miners ETF by 24.7% in the third quarter. Gemsstock Ltd. now owns 365,858 shares of the exchange traded fund’s stock worth $36,231,000 after purchasing an additional 72,500 shares during the last quarter. Hohimer Wealth Management LLC bought a new position in VanEck Junior Gold Miners ETF in the 3rd quarter valued at $2,784,000. K.J. Harrison & Partners Inc increased its position in shares of VanEck Junior Gold Miners ETF by 119.3% during the 3rd quarter. K.J. Harrison & Partners Inc now owns 55,180 shares of the exchange traded fund’s stock valued at $5,498,000 after purchasing an additional 30,021 shares during the last quarter. Finally, Apriem Advisors purchased a new stake in shares of VanEck Junior Gold Miners ETF during the 3rd quarter valued at $297,000.

VanEck Junior Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDXJ opened at $156.19 on Friday. The company’s 50-day moving average is $130.95 and its 200 day moving average is $107.42. The company has a market capitalization of $12.99 billion, a P/E ratio of 24.09 and a beta of 0.74. VanEck Junior Gold Miners ETF has a fifty-two week low of $47.29 and a fifty-two week high of $156.32.

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.