5,920 Shares of VanEck Junior Gold Miners ETF $GDXJ Acquired by Rhodes Investment Advisors Inc. ADV

Rhodes Investment Advisors Inc. ADV purchased a new stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,920 shares of the exchange traded fund’s stock, valued at approximately $675,000.

A number of other hedge funds have also recently bought and sold shares of GDXJ. Bank of Nova Scotia acquired a new position in shares of VanEck Junior Gold Miners ETF in the 1st quarter valued at approximately $120,040,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of VanEck Junior Gold Miners ETF during the fourth quarter worth approximately $56,890,000. Capitolis Liquid Global Markets LLC acquired a new stake in shares of VanEck Junior Gold Miners ETF during the fourth quarter worth approximately $55,297,000. Bank of America Corp DE increased its stake in shares of VanEck Junior Gold Miners ETF by 3.8% in the first quarter. Bank of America Corp DE now owns 242,660 shares of the exchange traded fund’s stock worth $29,129,000 after buying an additional 8,903 shares during the last quarter. Finally, Eschler Asset Management LLP increased its stake in shares of VanEck Junior Gold Miners ETF by 258.5% in the fourth quarter. Eschler Asset Management LLP now owns 200,000 shares of the exchange traded fund’s stock worth $22,756,000 after buying an additional 144,219 shares during the last quarter.

VanEck Junior Gold Miners ETF Trading Down 3.9%

GDXJ stock traded down $4.41 during mid-day trading on Wednesday, hitting $109.14. 5,127,645 shares of the company were exchanged, compared to its average volume of 5,513,278. The firm has a fifty day simple moving average of $119.98 and a 200 day simple moving average of $114.44. The company has a market capitalization of $8.04 billion, a PE ratio of 24.09 and a beta of 0.88. VanEck Junior Gold Miners ETF has a twelve month low of $87.35 and a twelve month high of $157.49.

VanEck Junior Gold Miners ETF 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.