VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Stake Cut by Vontobel Holding Ltd.

Vontobel Holding Ltd. trimmed its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 6.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 34,994 shares of the exchange traded fund’s stock after selling 2,320 shares during the quarter. Vontobel Holding Ltd.’s holdings in VanEck Junior Gold Miners ETF were worth $1,496,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in GDXJ. MML Investors Services LLC increased its holdings in shares of VanEck Junior Gold Miners ETF by 4.2% during the third quarter. MML Investors Services LLC now owns 6,549 shares of the exchange traded fund’s stock valued at $320,000 after purchasing an additional 266 shares during the period. Janney Montgomery Scott LLC increased its stake in VanEck Junior Gold Miners ETF by 38.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 27,057 shares of the exchange traded fund’s stock worth $1,157,000 after purchasing an additional 7,498 shares in the last quarter. Blue Trust Inc. increased its stake in VanEck Junior Gold Miners ETF by 50.0% in the 4th quarter. Blue Trust Inc. now owns 2,100 shares of the exchange traded fund’s stock worth $90,000 after purchasing an additional 700 shares in the last quarter. Captrust Financial Advisors purchased a new position in VanEck Junior Gold Miners ETF in the 3rd quarter worth about $242,000. Finally, FMR LLC increased its stake in VanEck Junior Gold Miners ETF by 101.3% in 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 in the last quarter.

VanEck Junior Gold Miners ETF Trading Down 3.6 %

Shares of GDXJ opened at $50.68 on Tuesday. The business’s 50-day moving average price is $46.86 and its 200 day moving average price is $47.57. The stock has a market capitalization of $5.95 billion, a P/E ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a 1-year low of $31.00 and a 1-year high of $55.58.

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.