Steel Grove Capital Advisors LLC bought a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 26,612 shares of the exchange traded fund’s stock, valued at approximately $3,032,000.
Other hedge funds have also recently made changes to their positions in the company. Baldwin Wealth Partners LLC MA bought a new position in VanEck Junior Gold Miners ETF in the 3rd quarter worth about $427,000. Go Invest LLC purchased a new position in VanEck Junior Gold Miners ETF in the third quarter worth about $30,000. Sapient Capital LLC boosted its position in VanEck Junior Gold Miners ETF by 0.9% in the third quarter. Sapient Capital LLC now owns 22,311 shares of the exchange traded fund’s stock worth $2,542,000 after purchasing an additional 202 shares during the last quarter. CoreCap Advisors LLC grew its stake in shares of VanEck Junior Gold Miners ETF by 193.8% during the 3rd quarter. CoreCap Advisors LLC now owns 564 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 372 shares during the period. Finally, Tactive Advisors LLC increased its position in shares of VanEck Junior Gold Miners ETF by 23.8% during the 3rd quarter. Tactive Advisors LLC now owns 31,606 shares of the exchange traded fund’s stock valued at $3,602,000 after purchasing an additional 6,085 shares during the last quarter.
VanEck Junior Gold Miners ETF Price Performance
Shares of NYSEARCA:GDXJ traded down $2.59 during trading on Tuesday, hitting $110.33. The company’s stock had a trading volume of 1,171,345 shares, compared to its average volume of 5,453,480. The company has a 50-day moving average of $121.16 and a 200-day moving average of $114.54. VanEck Junior Gold Miners ETF has a 12 month low of $87.35 and a 12 month high of $157.49. The firm has a market cap of $8.17 billion, a price-to-earnings ratio of 24.09 and a beta of 0.88.
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.
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