Tactive Advisors LLC Raises Stock Position in VanEck Junior Gold Miners ETF $GDXJ

Tactive Advisors LLC grew its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 23.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,606 shares of the exchange traded fund’s stock after acquiring an additional 6,085 shares during the period. VanEck Junior Gold Miners ETF accounts for approximately 0.9% of Tactive Advisors LLC’s holdings, making the stock its 26th largest position. Tactive Advisors LLC’s holdings in VanEck Junior Gold Miners ETF were worth $3,602,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of Nova Scotia bought a new stake in VanEck Junior Gold Miners ETF in the first quarter worth $120,040,000. IMC Chicago LLC boosted its stake in shares of VanEck Junior Gold Miners ETF by 107.1% during the 1st quarter. IMC Chicago LLC now owns 47,750 shares of the exchange traded fund’s stock worth $5,732,000 after acquiring an additional 717,648 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of VanEck Junior Gold Miners ETF during the 4th quarter valued at about $56,890,000. Capitolis Liquid Global Markets LLC acquired a new position in shares of VanEck Junior Gold Miners ETF during the 4th quarter valued at about $55,297,000. Finally, Eschler Asset Management LLP raised its stake in shares of VanEck Junior Gold Miners ETF by 258.5% in the 4th quarter. Eschler Asset Management LLP now owns 200,000 shares of the exchange traded fund’s stock valued at $22,756,000 after acquiring an additional 144,219 shares in the last quarter.

VanEck Junior Gold Miners ETF Stock Up 1.8%

Shares of NYSEARCA:GDXJ traded up $2.02 during trading on Thursday, reaching $111.16. The stock had a trading volume of 1,342,388 shares, compared to its average volume of 5,491,098. The stock has a fifty day simple moving average of $120.26 and a two-hundred day simple moving average of $114.44. VanEck Junior Gold Miners ETF has a 52 week low of $87.35 and a 52 week high of $157.49. The firm has a market capitalization of $8.19 billion, a price-to-earnings ratio of 24.09 and a beta of 0.88.

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.