Bank of Montreal Can Sells 554,295 Shares of VanEck Junior Gold Miners ETF $GDXJ

Bank of Montreal Can reduced its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 24.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,720,930 shares of the exchange traded fund’s stock after selling 554,295 shares during the period. Bank of Montreal Can owned 2.12% of VanEck Junior Gold Miners ETF worth $116,318,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in shares of VanEck Junior Gold Miners ETF by 58.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 474 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 175 shares in the last quarter. Advisors Preferred LLC bought a new stake in shares of VanEck Junior Gold Miners ETF in the 1st quarter valued at about $45,000. IMA Advisory Services Inc. purchased a new position in shares of VanEck Junior Gold Miners ETF in the 1st quarter valued at approximately $47,000. Fortitude Family Office LLC purchased a new position in shares of VanEck Junior Gold Miners ETF in the 2nd quarter valued at approximately $48,000. Finally, Wealth Preservation Advisors LLC purchased a new position in shares of VanEck Junior Gold Miners ETF in the 1st quarter valued at approximately $59,000.

VanEck Junior Gold Miners ETF Stock Down 1.7%

Shares of VanEck Junior Gold Miners ETF stock opened at $92.08 on Tuesday. The firm has a market capitalization of $7.86 billion, a P/E ratio of 24.09 and a beta of 0.74. The company has a 50 day moving average price of $93.37 and a 200 day moving average price of $76.16. VanEck Junior Gold Miners ETF has a 52 week low of $41.85 and a 52 week high of $112.45.

About VanEck Junior Gold Miners ETF

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.