Fisher Asset Management LLC Makes New $215,000 Investment in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Fisher Asset Management LLC purchased a new position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 5,019 shares of the exchange traded fund’s stock, valued at approximately $215,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Principal Securities Inc. raised its holdings in shares of VanEck Junior Gold Miners ETF by 20.7% during the fourth quarter. Principal Securities Inc. now owns 1,411 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 242 shares during the period. 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 valued at $61,000 after buying an additional 631 shares during the period. 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 valued at $90,000 after buying an additional 700 shares during the period. Howe & Rusling Inc. increased its stake in VanEck Junior Gold Miners ETF by 73.6% in the 3rd quarter. Howe & Rusling Inc. now owns 2,156 shares of the exchange traded fund’s stock valued at $105,000 after buying an additional 914 shares during the period. Finally, FNY Investment Advisers LLC increased its stake in VanEck Junior Gold Miners ETF by 42.7% in the 4th quarter. FNY Investment Advisers LLC now owns 4,376 shares of the exchange traded fund’s stock valued at $187,000 after buying an additional 1,309 shares during the period.

VanEck Junior Gold Miners ETF Stock Performance

VanEck Junior Gold Miners ETF stock opened at $51.97 on Friday. The firm has a market cap of $5.02 billion, a PE ratio of 17.55 and a beta of 1.26. The firm’s 50 day moving average price is $48.23 and its two-hundred day moving average price is $48.15. VanEck Junior Gold Miners ETF has a twelve month low of $35.34 and a twelve month high of $55.58.

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.