Quantum Portfolio Management LLC Raises Position in VanEck Junior Gold Miners ETF $GDXJ

Quantum Portfolio Management LLC raised its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 180.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,958 shares of the exchange traded fund’s stock after purchasing an additional 7,046 shares during the quarter. Quantum Portfolio Management LLC’s holdings in VanEck Junior Gold Miners ETF were worth $1,085,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Focus Financial Network Inc. lifted its holdings in VanEck Junior Gold Miners ETF by 13.8% in the 2nd quarter. Focus Financial Network Inc. now owns 4,784 shares of the exchange traded fund’s stock valued at $323,000 after purchasing an additional 580 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of VanEck Junior Gold Miners ETF by 28.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 51,110 shares of the exchange traded fund’s stock worth $3,455,000 after purchasing an additional 11,390 shares during the period. Twelve Points Wealth Management LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF in the 2nd quarter valued at approximately $217,000. CWM LLC lifted its stake in VanEck Junior Gold Miners ETF by 19.0% during the second quarter. CWM LLC now owns 26,239 shares of the exchange traded fund’s stock worth $1,773,000 after purchasing an additional 4,184 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC grew its position in VanEck Junior Gold Miners ETF by 11.7% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 4,186 shares of the exchange traded fund’s stock valued at $283,000 after acquiring an additional 440 shares in the last quarter.

VanEck Junior Gold Miners ETF Trading Up 0.7%

NYSEARCA:GDXJ opened at $128.07 on Monday. The stock has a fifty day moving average price of $111.18 and a 200 day moving average price of $93.20. VanEck Junior Gold Miners ETF has a 12-month low of $45.22 and a 12-month high of $129.42. The firm has a market cap of $10.55 billion, a PE ratio of 24.09 and a beta of 0.74.

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.