Pekin Hardy Strauss Inc. bought a new stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 32,971 shares of the exchange traded fund’s stock, valued at approximately $3,757,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in GDXJ. Bank of Nova Scotia bought a new position in VanEck Junior Gold Miners ETF during the first quarter worth about $120,040,000. Thor Investment Management Inc. OH ADV bought a new stake in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at approximately $44,595,000. Bank of America Corp DE grew its stake in shares of VanEck Junior Gold Miners ETF by 3.8% in the 1st quarter. Bank of America Corp DE now owns 242,660 shares of the exchange traded fund’s stock valued at $29,129,000 after purchasing an additional 8,903 shares during the period. Commonwealth Equity Services LLC bought a new stake in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at approximately $18,245,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the 1st quarter worth approximately $15,728,000.
VanEck Junior Gold Miners ETF Trading Up 0.5%
Shares of GDXJ opened at $104.79 on Friday. The stock has a market cap of $7.76 billion, a PE ratio of 24.09 and a beta of 0.88. VanEck Junior Gold Miners ETF has a 1 year low of $89.83 and a 1 year high of $157.49. The stock has a 50 day simple moving average of $114.77 and a 200-day simple moving average of $118.06.
VanEck Junior Gold Miners ETF 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.
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