Marathon Strategic Advisors LLC Acquires 2,250 Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Marathon Strategic Advisors LLC boosted its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,964 shares of the exchange traded fund’s stock after purchasing an additional 2,250 shares during the period. VanEck Junior Gold Miners ETF makes up 2.7% of Marathon Strategic Advisors LLC’s portfolio, making the stock its 12th largest position. Marathon Strategic Advisors LLC’s holdings in VanEck Junior Gold Miners ETF were worth $2,478,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Quadrature Capital Ltd purchased a new position in shares of VanEck Junior Gold Miners ETF in the third quarter worth $53,479,000. Public Sector Pension Investment Board bought a new stake in VanEck Junior Gold Miners ETF in the 3rd quarter worth $21,964,000. Nwam LLC purchased a new position in shares of VanEck Junior Gold Miners ETF in the third quarter valued at about $5,586,000. Canoe Financial LP bought a new position in shares of VanEck Junior Gold Miners ETF during the fourth quarter valued at about $4,453,000. Finally, Freemont Management S.A. bought a new stake in shares of VanEck Junior Gold Miners ETF in the 3rd quarter worth approximately $2,929,000.

VanEck Junior Gold Miners ETF Stock Performance

GDXJ opened at $47.08 on Thursday. The stock has a market capitalization of $5.53 billion, a PE ratio of 24.80 and a beta of 1.03. The stock’s 50 day moving average price is $46.03 and its 200-day moving average price is $47.08. VanEck Junior Gold Miners ETF has a 52-week low of $30.89 and a 52-week high of $55.58.

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.