Bard Associates Inc. Decreases Stock Holdings in VanEck Junior Gold Miners ETF $GDXJ

Bard Associates Inc. lowered its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 28.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,011 shares of the exchange traded fund’s stock after selling 19,065 shares during the period. VanEck Junior Gold Miners ETF makes up 1.3% of Bard Associates Inc.’s portfolio, making the stock its 28th biggest position. Bard Associates Inc. owned about 0.06% of VanEck Junior Gold Miners ETF worth $4,854,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Beck Mack & Oliver LLC lifted its holdings in shares of VanEck Junior Gold Miners ETF by 2.7% during the 3rd quarter. Beck Mack & Oliver LLC now owns 5,650 shares of the exchange traded fund’s stock valued at $560,000 after acquiring an additional 150 shares in the last quarter. Creative Planning increased its holdings in VanEck Junior Gold Miners ETF by 333.3% in the 3rd quarter. Creative Planning now owns 21,290 shares of the exchange traded fund’s stock valued at $2,108,000 after purchasing an additional 16,377 shares in the last quarter. SummitTX Capital L.P. increased its holdings in VanEck Junior Gold Miners ETF by 3.6% in the 3rd quarter. SummitTX Capital L.P. now owns 57,800 shares of the exchange traded fund’s stock valued at $5,724,000 after purchasing an additional 2,000 shares in the last quarter. Ancora Advisors LLC raised its position in VanEck Junior Gold Miners ETF by 21.8% in the third quarter. Ancora Advisors LLC now owns 6,980 shares of the exchange traded fund’s stock valued at $691,000 after purchasing an additional 1,250 shares during the period. Finally, Equitable Holdings Inc. acquired a new position in shares of VanEck Junior Gold Miners ETF during the third quarter worth about $236,000.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA GDXJ opened at $123.93 on Friday. VanEck Junior Gold Miners ETF has a 1-year low of $49.33 and a 1-year high of $157.49. The business has a 50-day moving average of $135.14 and a 200-day moving average of $112.11. The company has a market capitalization of $10.30 billion, a price-to-earnings ratio of 24.09 and a beta of 0.74.

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.