Western Wealth Management LLC Sells 1,038 Shares of VanEck Junior Gold Miners ETF $GDXJ

Western Wealth Management LLC reduced its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 15.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,833 shares of the exchange traded fund’s stock after selling 1,038 shares during the quarter. Western Wealth Management LLC’s holdings in VanEck Junior Gold Miners ETF were worth $394,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its position in VanEck Junior Gold Miners ETF by 58.5% in the second quarter. Farther Finance Advisors LLC now owns 474 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 175 shares in the last quarter. Advisors Preferred LLC bought a new position in shares of VanEck Junior Gold Miners ETF during the 1st quarter valued at approximately $45,000. IMA Advisory Services Inc. bought a new position in shares of VanEck Junior Gold Miners ETF during the 1st quarter valued at approximately $47,000. Fortitude Family Office LLC purchased a new stake in VanEck Junior Gold Miners ETF in the 2nd quarter worth approximately $48,000. Finally, Wealth Preservation Advisors LLC bought a new stake in VanEck Junior Gold Miners ETF during the 1st quarter worth approximately $59,000.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA:GDXJ opened at $96.90 on Wednesday. The company has a market capitalization of $8.27 billion, a P/E ratio of 24.09 and a beta of 0.74. VanEck Junior Gold Miners ETF has a 1-year low of $41.85 and a 1-year high of $112.45. The firm’s 50 day simple moving average is $96.34 and its two-hundred day simple moving average is $78.77.

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.