MML Investors Services LLC Boosts Stock Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

MML Investors Services LLC boosted its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 4.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,549 shares of the exchange traded fund’s stock after buying an additional 266 shares during the period. MML Investors Services LLC’s holdings in VanEck Junior Gold Miners ETF were worth $320,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of GDXJ. Ridgewood Investments LLC acquired a new position in VanEck Junior Gold Miners ETF in the second quarter valued at about $29,000. Strategic Investment Solutions Inc. IL acquired a new position in VanEck Junior Gold Miners ETF during the 2nd quarter worth about $36,000. Arlington Trust Co LLC acquired a new position in VanEck Junior Gold Miners ETF in the 3rd quarter valued at about $37,000. FMR LLC increased its stake in VanEck Junior Gold Miners ETF by 101.3% during the third quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 631 shares during the period. Finally, MCF Advisors LLC acquired a new stake in shares of VanEck Junior Gold Miners ETF during the second quarter worth about $76,000.

VanEck Junior Gold Miners ETF Stock Performance

Shares of GDXJ stock opened at $43.27 on Wednesday. VanEck Junior Gold Miners ETF has a fifty-two week low of $30.89 and a fifty-two week high of $55.58. The company has a 50 day moving average price of $48.77 and a 200 day moving average price of $46.79. The stock has a market capitalization of $5.08 billion, a P/E ratio of 24.80 and a beta of 1.03.

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.