Bank of Montreal Can Has $190.93 Million Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Bank of Montreal Can increased its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 48.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,524,511 shares of the exchange traded fund’s stock after buying an additional 1,473,480 shares during the quarter. Bank of Montreal Can owned 3.85% of VanEck Junior Gold Miners ETF worth $190,934,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in GDXJ. TPG Advisors LLC bought a new stake in VanEck Junior Gold Miners ETF in the second quarter valued at approximately $206,000. Edgestream Partners L.P. bought a new stake in VanEck Junior Gold Miners ETF in the second quarter valued at approximately $212,000. Renaissance Technologies LLC bought a new stake in VanEck Junior Gold Miners ETF in the second quarter valued at approximately $986,000. Lansing Street Advisors bought a new stake in VanEck Junior Gold Miners ETF in the second quarter valued at approximately $304,000. Finally, Headlands Technologies LLC bought a new stake in VanEck Junior Gold Miners ETF in the second quarter valued at approximately $307,000.

VanEck Junior Gold Miners ETF Price Performance

Shares of GDXJ stock opened at $49.20 on Tuesday. The business’s 50 day simple moving average is $45.74 and its 200 day simple moving average is $43.28. VanEck Junior Gold Miners ETF has a one year low of $30.46 and a one year high of $50.48. The stock has a market capitalization of $5.78 billion, a PE ratio of 24.80 and a beta of 1.03.

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.