NBC Securities Inc. Acquires 2,225 Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

NBC Securities Inc. boosted its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 523.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,650 shares of the exchange traded fund’s stock after purchasing an additional 2,225 shares during the quarter. NBC Securities Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $129,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in GDXJ. Ridgewood Investments LLC bought a new stake in shares of VanEck Junior Gold Miners ETF in the 2nd quarter valued at $29,000. Strategic Investment Solutions Inc. IL acquired a new stake in VanEck Junior Gold Miners ETF in the second quarter worth $36,000. MCF Advisors LLC acquired a new position in shares of VanEck Junior Gold Miners ETF during the second quarter valued at about $76,000. ANTIPODES PARTNERS Ltd boosted its position in shares of VanEck Junior Gold Miners ETF by 135.8% during the 1st quarter. ANTIPODES PARTNERS Ltd now owns 2,877 shares of the exchange traded fund’s stock worth $110,000 after purchasing an additional 1,657 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of VanEck Junior Gold Miners ETF by 131.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,519 shares of the exchange traded fund’s stock worth $133,000 after purchasing an additional 2,000 shares in the last quarter.

VanEck Junior Gold Miners ETF Price Performance

Shares of VanEck Junior Gold Miners ETF stock opened at $53.87 on Friday. The business has a 50-day simple moving average of $47.66 and a 200 day simple moving average of $44.91. VanEck Junior Gold Miners ETF has a one year low of $30.89 and a one year high of $54.10. The firm has a market capitalization of $6.33 billion, a price-to-earnings 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.