Harbor Investment Advisory LLC Purchases 7,570 Shares of VanEck Junior Gold Miners ETF $GDXJ

Harbor Investment Advisory LLC increased its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 14.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,432 shares of the exchange traded fund’s stock after acquiring an additional 7,570 shares during the period. Harbor Investment Advisory LLC’s holdings in VanEck Junior Gold Miners ETF were worth $7,134,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Princeton Global Asset Management LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the 1st quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of VanEck Junior Gold Miners ETF during the 4th quarter worth $28,000. Colonial Trust Advisors bought a new stake in shares of VanEck Junior Gold Miners ETF during the 4th quarter worth $28,000. Mcguire Capital Advisors Inc. acquired a new stake in VanEck Junior Gold Miners ETF in the fourth quarter valued at about $28,000. Finally, Arax Advisory Partners bought a new position in VanEck Junior Gold Miners ETF in the fourth quarter valued at about $44,000.

VanEck Junior Gold Miners ETF Stock Down 0.7%

VanEck Junior Gold Miners ETF stock opened at $98.25 on Wednesday. The stock has a market cap of $7.35 billion, a PE ratio of 24.09 and a beta of 0.79. VanEck Junior Gold Miners ETF has a 12-month low of $63.90 and a 12-month high of $157.49. The business’s 50-day moving average price is $113.00 and its two-hundred day moving average price is $122.47.

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.