VanEck Junior Gold Miners ETF $GDXJ Shares Bought by Northwest Capital Management Inc

Northwest Capital Management Inc grew its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 24.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,369 shares of the exchange traded fund’s stock after purchasing an additional 4,219 shares during the period. Northwest Capital Management Inc’s holdings in VanEck Junior Gold Miners ETF were worth $1,444,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Sequoia Financial Advisors LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the second quarter valued at approximately $212,000. MGO One Seven LLC increased its holdings in shares of VanEck Junior Gold Miners ETF by 10.1% in the second quarter. MGO One Seven LLC now owns 4,379 shares of the exchange traded fund’s stock valued at $296,000 after purchasing an additional 402 shares during the period. Welch Group LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the second quarter valued at approximately $205,000. CWM LLC increased its holdings in shares of VanEck Junior Gold Miners ETF by 19.0% in the second quarter. CWM LLC now owns 26,239 shares of the exchange traded fund’s stock valued at $1,773,000 after purchasing an additional 4,184 shares during the period. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of VanEck Junior Gold Miners ETF by 36.5% in the second quarter. Concurrent Investment Advisors LLC now owns 4,902 shares of the exchange traded fund’s stock valued at $331,000 after purchasing an additional 1,311 shares during the period.

VanEck Junior Gold Miners ETF Trading Up 5.2%

NYSEARCA:GDXJ opened at $105.14 on Tuesday. The firm has a market cap of $8.98 billion, a P/E ratio of 24.09 and a beta of 1.06. The stock’s 50 day simple moving average is $85.84 and its 200-day simple moving average is $71.74. VanEck Junior Gold Miners ETF has a 12-month low of $41.85 and a 12-month high of $105.52.

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.