Southland Equity Partners LLC Invests $752,000 in VanEck Junior Gold Miners ETF $GDXJ

Southland Equity Partners LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 6,610 shares of the exchange traded fund’s stock, valued at approximately $752,000.

Several other hedge funds have also recently bought and sold shares of GDXJ. Bank of Montreal Can boosted its position in VanEck Junior Gold Miners ETF by 124.9% during the 3rd quarter. Bank of Montreal Can now owns 3,870,489 shares of the exchange traded fund’s stock worth $383,294,000 after acquiring an additional 2,149,559 shares during the period. Lingotto Investment Management LLP increased its holdings in shares of VanEck Junior Gold Miners ETF by 2.0% in the 2nd quarter. Lingotto Investment Management LLP now owns 2,575,680 shares of the exchange traded fund’s stock valued at $174,090,000 after purchasing an additional 50,185 shares during the period. Invesco Ltd. increased its holdings in shares of VanEck Junior Gold Miners ETF by 1.2% in the 3rd quarter. Invesco Ltd. now owns 1,982,116 shares of the exchange traded fund’s stock valued at $196,289,000 after purchasing an additional 23,234 shares during the period. BNP Paribas Financial Markets lifted its position in shares of VanEck Junior Gold Miners ETF by 56.4% in the third quarter. BNP Paribas Financial Markets now owns 1,355,079 shares of the exchange traded fund’s stock worth $134,193,000 after purchasing an additional 488,893 shares in the last quarter. Finally, Gemsstock Ltd. lifted its position in shares of 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 in the last quarter.

VanEck Junior Gold Miners ETF Stock Performance

GDXJ stock opened at $110.58 on Friday. The firm has a 50 day simple moving average of $133.02 and a 200 day simple moving average of $114.07. VanEck Junior Gold Miners ETF has a 52 week low of $49.33 and a 52 week high of $157.49. The stock has a market cap of $9.19 billion, a P/E ratio of 24.09 and a beta of 0.74.

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.