Parsons Capital Management Inc. RI Raises Stock Position in VanEck Junior Gold Miners ETF $GDXJ

Parsons Capital Management Inc. RI lifted its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 25.5% in the third quarter, Holdings Channel reports. The firm owned 50,023 shares of the exchange traded fund’s stock after buying an additional 10,175 shares during the period. Parsons Capital Management Inc. RI’s holdings in VanEck Junior Gold Miners ETF were worth $4,954,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Lingotto Investment Management LLP increased its holdings in VanEck Junior Gold Miners ETF by 2.0% during the 2nd quarter. Lingotto Investment Management LLP now owns 2,575,680 shares of the exchange traded fund’s stock worth $174,090,000 after purchasing an additional 50,185 shares during the period. BNP Paribas Financial Markets increased its stake in shares of VanEck Junior Gold Miners ETF by 1,289.6% during the second quarter. BNP Paribas Financial Markets now owns 866,186 shares of the exchange traded fund’s stock valued at $58,546,000 after buying an additional 803,854 shares during the period. Teacher Retirement System of Texas raised its holdings in shares of VanEck Junior Gold Miners ETF by 104.2% in the second quarter. Teacher Retirement System of Texas now owns 784,000 shares of the exchange traded fund’s stock valued at $52,991,000 after acquiring an additional 400,000 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of VanEck Junior Gold Miners ETF by 2.3% in the second quarter. Cetera Investment Advisers now owns 712,741 shares of the exchange traded fund’s stock valued at $48,174,000 after acquiring an additional 16,137 shares in the last quarter. Finally, Panview Capital Ltd lifted its stake in VanEck Junior Gold Miners ETF by 5.9% in the second quarter. Panview Capital Ltd now owns 648,200 shares of the exchange traded fund’s stock worth $43,812,000 after acquiring an additional 36,000 shares during the period.

VanEck Junior Gold Miners ETF Price Performance

Shares of VanEck Junior Gold Miners ETF stock opened at $128.07 on Tuesday. The stock has a market cap of $10.55 billion, a price-to-earnings ratio of 24.09 and a beta of 0.74. The firm’s 50-day moving average is $111.79 and its two-hundred day moving average is $93.62. VanEck Junior Gold Miners ETF has a 1 year low of $45.22 and a 1 year high of $129.42.

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.