VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Position Increased by Fmr LLC

Fmr LLC raised its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 101.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,254 shares of the exchange traded fund’s stock after buying an additional 631 shares during the period. Fmr LLC’s holdings in VanEck Junior Gold Miners ETF were worth $61,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of GDXJ. D.A. Davidson & CO. acquired a new stake in shares of VanEck Junior Gold Miners ETF during the third quarter worth $383,000. DRW Securities LLC acquired a new stake in VanEck Junior Gold Miners ETF during the 3rd quarter worth about $2,426,000. Pekin Hardy Strauss Inc. raised its holdings in VanEck Junior Gold Miners ETF by 9.0% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 23,245 shares of the exchange traded fund’s stock worth $1,135,000 after buying an additional 1,915 shares during the period. Cerity Partners LLC lifted its stake in VanEck Junior Gold Miners ETF by 30.9% during the third quarter. Cerity Partners LLC now owns 32,370 shares of the exchange traded fund’s stock valued at $1,580,000 after buying an additional 7,650 shares in the last quarter. Finally, Meridian Wealth Management LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the third quarter worth about $318,000.

VanEck Junior Gold Miners ETF Price Performance

GDXJ stock opened at $43.27 on Wednesday. The firm has a market capitalization of $5.08 billion, a P/E ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a 52-week low of $30.89 and a 52-week high of $55.58. The company’s 50 day simple moving average is $48.77 and its 200-day simple moving average is $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.