Moors & Cabot Inc. Has $1.04 Million Stock Position in VanEck Junior Gold Miners ETF $GDXJ

Moors & Cabot Inc. lessened its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 5.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,392 shares of the exchange traded fund’s stock after selling 935 shares during the quarter. Moors & Cabot Inc.’s holdings in VanEck Junior Gold Miners ETF were worth $1,040,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GDXJ. Farther Finance Advisors LLC boosted its position in shares of VanEck Junior Gold Miners ETF by 58.5% in the second quarter. Farther Finance Advisors LLC now owns 474 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 175 shares during the period. Advisors Preferred LLC purchased a new stake in VanEck Junior Gold Miners ETF in the 1st quarter worth about $45,000. IMA Advisory Services Inc. purchased a new stake in VanEck Junior Gold Miners ETF in the 1st quarter worth about $47,000. Fortitude Family Office LLC acquired a new stake in VanEck Junior Gold Miners ETF during the 2nd quarter worth about $48,000. Finally, Wealth Preservation Advisors LLC purchased a new position in VanEck Junior Gold Miners ETF during the 1st quarter valued at about $59,000.

VanEck Junior Gold Miners ETF Price Performance

Shares of GDXJ opened at $90.35 on Friday. The business’s 50-day moving average is $94.09 and its 200-day moving average is $76.52. The company has a market capitalization of $7.71 billion, a price-to-earnings ratio of 24.09 and a beta of 0.74. VanEck Junior Gold Miners ETF has a fifty-two week low of $41.85 and a fifty-two 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.