Verus Capital Partners LLC Increases Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Verus Capital Partners LLC lifted its holdings in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 32.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,350 shares of the exchange traded fund’s stock after acquiring an additional 1,800 shares during the quarter. Verus Capital Partners LLC’s holdings in VanEck Junior Gold Miners ETF were worth $314,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Lingotto Investment Management LLP increased its holdings in VanEck Junior Gold Miners ETF by 2.5% in the fourth quarter. Lingotto Investment Management LLP now owns 2,468,267 shares of the exchange traded fund’s stock valued at $105,518,000 after buying an additional 59,589 shares during the last quarter. Quadrature Capital Ltd bought a new stake in VanEck Junior Gold Miners ETF in the third quarter valued at about $53,479,000. Heartwood Wealth Advisors LLC increased its holdings in VanEck Junior Gold Miners ETF by 0.6% in the fourth quarter. Heartwood Wealth Advisors LLC now owns 738,389 shares of the exchange traded fund’s stock valued at $31,566,000 after buying an additional 4,369 shares during the last quarter. Panview Capital Ltd bought a new stake in VanEck Junior Gold Miners ETF in the fourth quarter valued at about $29,506,000. Finally, Public Sector Pension Investment Board bought a new stake in VanEck Junior Gold Miners ETF in the third quarter valued at about $21,964,000.

VanEck Junior Gold Miners ETF Stock Up 0.6 %

Shares of VanEck Junior Gold Miners ETF stock opened at $48.66 on Friday. The firm has a market cap of $4.70 billion, a P/E ratio of 17.55 and a beta of 1.26. VanEck Junior Gold Miners ETF has a fifty-two week low of $31.70 and a fifty-two week high of $55.58. The business has a 50-day moving average price of $47.50 and a 200 day moving average price of $48.00.

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.