Slate Path Capital LP Decreases Holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Slate Path Capital LP lessened its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 12.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,294,900 shares of the exchange traded fund’s stock after selling 178,100 shares during the quarter. Slate Path Capital LP owned 1.10% of VanEck Junior Gold Miners ETF worth $55,357,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Duncker Streett & Co. Inc. purchased a new position in shares of VanEck Junior Gold Miners ETF in the fourth quarter valued at about $45,000. Principal Securities Inc. grew its stake in 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 in the last quarter. Millstone Evans Group LLC bought a new stake in VanEck Junior Gold Miners ETF in the 4th quarter valued at $60,000. FMR LLC boosted its holdings in shares of VanEck Junior Gold Miners ETF by 101.3% during the 3rd quarter. FMR LLC now owns 1,254 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 631 shares during the last quarter. Finally, Kiker Wealth Management LLC purchased a new position in shares of VanEck Junior Gold Miners ETF during the fourth quarter valued at about $69,000.

VanEck Junior Gold Miners ETF Price Performance

NYSEARCA:GDXJ opened at $65.11 on Tuesday. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 20.34 and a beta of 1.06. VanEck Junior Gold Miners ETF has a 1 year low of $39.88 and a 1 year high of $66.80. The stock’s 50 day simple moving average is $54.64 and its two-hundred day simple moving average is $50.30.

VanEck Junior Gold Miners ETF Company 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.