D.A. Davidson & CO. Boosts Stock Holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

D.A. Davidson & CO. raised its holdings in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 486.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,005 shares of the exchange traded fund’s stock after buying an additional 38,165 shares during the period. D.A. Davidson & CO.’s holdings in VanEck Junior Gold Miners ETF were worth $1,967,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in GDXJ. Quadrature Capital Ltd purchased a new stake in VanEck Junior Gold Miners ETF during the third quarter valued at about $53,479,000. IMC Chicago LLC boosted its position in VanEck Junior Gold Miners ETF by 102.6% during the fourth quarter. IMC Chicago LLC now owns 26,712 shares of the exchange traded fund’s stock valued at $1,142,000 after buying an additional 1,062,702 shares during the period. Public Sector Pension Investment Board purchased a new stake in VanEck Junior Gold Miners ETF during the third quarter valued at about $21,964,000. Nwam LLC purchased a new stake in VanEck Junior Gold Miners ETF during the third quarter valued at about $5,586,000. Finally, Canoe Financial LP purchased a new stake in shares of VanEck Junior Gold Miners ETF during the fourth quarter worth about $4,453,000.

VanEck Junior Gold Miners ETF Trading Down 4.0 %

VanEck Junior Gold Miners ETF stock opened at $50.37 on Friday. The firm has a 50-day moving average of $47.05 and a 200-day moving average of $47.77. The firm has a market cap of $5.92 billion, a P/E ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a 1-year low of $31.00 and a 1-year high of $55.58.

VanEck Junior Gold Miners ETF Company 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.