VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Shares Gap Down to $42.19

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)’s share price gapped down before the market opened on Monday . The stock had previously closed at $42.19, but opened at $40.40. VanEck Junior Gold Miners ETF shares last traded at $40.97, with a volume of 2,683,430 shares.

VanEck Junior Gold Miners ETF Trading Up 2.4 %

The company has a fifty day moving average price of $37.01 and a two-hundred day moving average price of $35.90. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of 25.32 and a beta of 0.98.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Riggs Asset Managment Co. Inc. purchased a new stake in shares of VanEck Junior Gold Miners ETF in the fourth quarter valued at about $26,000. Trust Co. of Vermont acquired a new stake in shares of VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $32,000. Sachetta LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF during the 4th quarter valued at approximately $32,000. Life Planning Partners Inc acquired a new position in VanEck Junior Gold Miners ETF in the fourth quarter valued at approximately $37,000. Finally, Signaturefd LLC purchased a new position in VanEck Junior Gold Miners ETF in the third quarter worth approximately $40,000.

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.