JPMorgan Chase & Co. Trims Stock Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

JPMorgan Chase & Co. reduced its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 20.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,255,374 shares of the exchange traded fund’s stock after selling 317,945 shares during the quarter. JPMorgan Chase & Co. owned about 1.07% of VanEck Junior Gold Miners ETF worth $61,275,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Strategic Investment Solutions Inc. IL purchased a new stake in shares of VanEck Junior Gold Miners ETF in the 2nd quarter valued at about $36,000. Arlington Trust Co LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at $37,000. FMR LLC boosted its stake in VanEck Junior Gold Miners ETF by 101.3% during the 3rd 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. MCF Advisors LLC purchased a new position in shares of VanEck Junior Gold Miners ETF during the second quarter worth about $76,000. Finally, Howe & Rusling Inc. lifted its position in VanEck Junior Gold Miners ETF by 73.6% during the 3rd quarter. Howe & Rusling Inc. now owns 2,156 shares of the exchange traded fund’s stock worth $105,000 after acquiring an additional 914 shares during the period.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA GDXJ opened at $44.25 on Friday. The company has a market cap of $5.20 billion, a PE ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a 1-year low of $30.89 and a 1-year high of $55.58. The stock has a fifty day moving average price of $47.19 and a 200 day moving average price of $46.79.

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.