Ion Asset Management Ltd. Purchases 6,800 Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Ion Asset Management Ltd. increased its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 85.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,800 shares of the exchange traded fund’s stock after buying an additional 6,800 shares during the quarter. Ion Asset Management Ltd.’s holdings in VanEck Junior Gold Miners ETF were worth $633,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Duncker Streett & Co. Inc. bought a new stake in VanEck Junior Gold Miners ETF during the fourth quarter worth about $45,000. Principal Securities Inc. raised its stake in shares of VanEck Junior Gold Miners ETF by 20.7% during the 4th quarter. Principal Securities Inc. now owns 1,411 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 242 shares in the last quarter. Millstone Evans Group LLC bought a new stake in shares of VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $60,000. Kiker Wealth Management LLC acquired a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at approximately $69,000. Finally, Blue Trust Inc. grew its stake in shares of VanEck Junior Gold Miners ETF by 50.0% in the fourth 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 in the last quarter.

VanEck Junior Gold Miners ETF Trading Up 0.9 %

NYSEARCA GDXJ opened at $61.57 on Tuesday. The firm has a market capitalization of $5.64 billion, a P/E ratio of 20.34 and a beta of 1.06. The firm’s fifty day moving average price is $55.68 and its two-hundred day moving average price is $50.77. VanEck Junior Gold Miners ETF has a 1 year low of $40.19 and a 1 year high of $66.80.

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.