VanEck Junior Gold Miners ETF $GDXJ Shares Newly Bought by Freemont Management S.A.

Freemont Management S.A. purchased a new stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 30,000 shares of the exchange traded fund’s stock, valued at approximately $3,418,000. VanEck Junior Gold Miners ETF makes up about 3.3% of Freemont Management S.A.’s portfolio, making the stock its 4th largest holding.

A number of other large investors have also recently modified their holdings of the business. Pekin Hardy Strauss Inc. purchased a new position in shares of VanEck Junior Gold Miners ETF during the third quarter worth about $3,757,000. Kestra Advisory Services LLC lifted its position in VanEck Junior Gold Miners ETF by 8.0% during the third quarter. Kestra Advisory Services LLC now owns 60,454 shares of the exchange traded fund’s stock valued at $6,889,000 after purchasing an additional 4,457 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in VanEck Junior Gold Miners ETF during the third quarter valued at approximately $18,245,000. Chicago Partners Investment Group LLC purchased a new position in VanEck Junior Gold Miners ETF in the 3rd quarter worth approximately $227,000. Finally, MH & Associates Securities Management Corp ADV bought a new position in shares of VanEck Junior Gold Miners ETF in the 3rd quarter worth $576,000.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA:GDXJ opened at $104.79 on Friday. The company’s fifty day moving average price is $114.77 and its 200-day moving average price is $118.06. The firm has a market capitalization of $7.76 billion, a price-to-earnings ratio of 24.09 and a beta of 0.88. VanEck Junior Gold Miners ETF has a one year low of $89.83 and a one year 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.