Riggs Asset Managment Co. Inc. Purchases 30,497 Shares of VanEck Junior Gold Miners ETF $GDXJ

Riggs Asset Managment Co. Inc. boosted its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 29.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 133,854 shares of the exchange traded fund’s stock after buying an additional 30,497 shares during the quarter. VanEck Junior Gold Miners ETF comprises 2.9% of Riggs Asset Managment Co. Inc.’s investment portfolio, making the stock its 5th largest holding. Riggs Asset Managment Co. Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $13,256,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Crabel Capital Management LLC lifted its position in VanEck Junior Gold Miners ETF by 8.8% during the 3rd quarter. Crabel Capital Management LLC now owns 19,359 shares of the exchange traded fund’s stock valued at $1,917,000 after purchasing an additional 1,565 shares during the period. Ameriflex Group Inc. grew its position in shares of VanEck Junior Gold Miners ETF by 82.4% during the 3rd quarter. Ameriflex Group Inc. now owns 704 shares of the exchange traded fund’s stock worth $70,000 after buying an additional 318 shares during the period. DCF Advisers LLC grew its position in shares of VanEck Junior Gold Miners ETF by 23.3% during the 3rd quarter. DCF Advisers LLC now owns 26,500 shares of the exchange traded fund’s stock worth $2,624,000 after buying an additional 5,000 shares during the period. Smith Moore & CO. raised its stake in shares of VanEck Junior Gold Miners ETF by 0.3% during the third quarter. Smith Moore & CO. now owns 67,533 shares of the exchange traded fund’s stock worth $6,688,000 after buying an additional 195 shares during the last quarter. Finally, Insigneo Advisory Services LLC raised its stake in shares of VanEck Junior Gold Miners ETF by 10.4% during the third quarter. Insigneo Advisory Services LLC now owns 43,545 shares of the exchange traded fund’s stock worth $4,312,000 after buying an additional 4,099 shares during the last quarter.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA GDXJ opened at $136.17 on Friday. VanEck Junior Gold Miners ETF has a fifty-two week low of $49.33 and a fifty-two week high of $157.49. The firm has a market capitalization of $11.32 billion, a P/E ratio of 24.09 and a beta of 0.74. The company’s 50 day simple moving average is $133.19 and its 200 day simple moving average is $110.08.

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.