Banco BTG Pactual S.A. Has $2.50 Million Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Banco BTG Pactual S.A. trimmed its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 1.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 55,700 shares of the exchange traded fund’s stock after selling 910 shares during the period. Banco BTG Pactual S.A.’s holdings in VanEck Junior Gold Miners ETF were worth $2,497,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in GDXJ. MML Investors Services LLC boosted its position in VanEck Junior Gold Miners ETF by 4.2% during the 3rd quarter. MML Investors Services LLC now owns 6,549 shares of the exchange traded fund’s stock worth $320,000 after buying an additional 266 shares during the period. Janney Montgomery Scott LLC increased its holdings in VanEck Junior Gold Miners ETF by 38.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 27,057 shares of the exchange traded fund’s stock valued at $1,157,000 after purchasing an additional 7,498 shares during the period. Fisher Asset Management LLC bought a new position in VanEck Junior Gold Miners ETF during the 4th quarter worth $215,000. Blue Trust Inc. lifted its holdings in VanEck Junior Gold Miners ETF by 50.0% during the 4th quarter. Blue Trust Inc. now owns 2,100 shares of the exchange traded fund’s stock worth $90,000 after buying an additional 700 shares during the period. Finally, Captrust Financial Advisors bought a new stake in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at about $242,000.

VanEck Junior Gold Miners ETF Trading Up 1.8 %

Shares of GDXJ stock opened at $56.22 on Wednesday. The stock has a 50-day moving average of $50.73 and a 200-day moving average of $48.92. The stock has a market cap of $5.39 billion, a price-to-earnings ratio of 19.93 and a beta of 1.24. VanEck Junior Gold Miners ETF has a 1-year low of $36.51 and a 1-year high of $57.65.

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.