TPG Advisors LLC Purchases New Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

TPG Advisors LLC acquired a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,898 shares of the exchange traded fund’s stock, valued at approximately $206,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Alaska Permanent Fund Corp grew its position in shares of VanEck Junior Gold Miners ETF by 17.7% in the 1st quarter. Alaska Permanent Fund Corp now owns 8,167,154 shares of the exchange traded fund’s stock valued at $316,396,000 after buying an additional 1,230,234 shares during the last quarter. Lingotto Investment Management LLP grew its holdings in shares of VanEck Junior Gold Miners ETF by 5.1% during the fourth quarter. Lingotto Investment Management LLP now owns 3,297,213 shares of the exchange traded fund’s stock worth $124,997,000 after purchasing an additional 161,000 shares during the last quarter. Jane Street Group LLC increased its position in shares of VanEck Junior Gold Miners ETF by 108.0% during the first quarter. Jane Street Group LLC now owns 2,629,000 shares of the exchange traded fund’s stock worth $101,847,000 after purchasing an additional 1,365,157 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of VanEck Junior Gold Miners ETF by 98.7% in the 1st quarter. BNP Paribas Financial Markets now owns 1,450,252 shares of the exchange traded fund’s stock valued at $56,183,000 after purchasing an additional 720,329 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of VanEck Junior Gold Miners ETF by 38.8% in the 4th quarter. Wells Fargo & Company MN now owns 834,136 shares of the exchange traded fund’s stock valued at $31,622,000 after purchasing an additional 233,244 shares during the period.

VanEck Junior Gold Miners ETF Stock Up 2.1 %

NYSEARCA:GDXJ opened at $49.71 on Friday. The company has a market capitalization of $5.84 billion, a PE ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a 52-week low of $30.46 and a 52-week high of $50.36. The stock’s 50 day moving average price is $45.70 and its 200 day moving average price is $43.07.

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.