Deane Retirement Strategies Inc. Takes $2.46 Million Position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Deane Retirement Strategies Inc. bought a new stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the first quarter, Holdings Channel.com reports. The institutional investor bought 43,023 shares of the exchange traded fund’s stock, valued at approximately $2,460,000.

A number of other hedge funds also recently modified their holdings of the business. Duncker Streett & Co. Inc. purchased a new stake in shares of VanEck Junior Gold Miners ETF during the fourth quarter worth $45,000. Principal Securities Inc. raised its holdings in shares of 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 worth $60,000 after acquiring an additional 242 shares in the last quarter. Millstone Evans Group LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF during the fourth quarter worth $60,000. Kiker Wealth Management LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF during the fourth quarter worth $69,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of VanEck Junior Gold Miners ETF by 142.2% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,245 shares of the exchange traded fund’s stock worth $71,000 after acquiring an additional 731 shares in the last quarter.

VanEck Junior Gold Miners ETF Trading Down 2.4%

Shares of NYSEARCA:GDXJ opened at $69.00 on Monday. VanEck Junior Gold Miners ETF has a 1 year low of $40.26 and a 1 year high of $71.84. The business has a fifty day simple moving average of $61.41 and a 200 day simple moving average of $53.38. The firm has a market cap of $5.61 billion, a price-to-earnings ratio of 22.95 and a beta of 0.75.

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.