Summit Securities Group LLC Decreases Holdings in VanEck Junior Gold Miners ETF $GDXJ

Summit Securities Group LLC reduced its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 92.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 8,700 shares of the exchange traded fund’s stock after selling 106,700 shares during the period. Summit Securities Group LLC’s holdings in VanEck Junior Gold Miners ETF were worth $1,044,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Grand Central Investment Group grew its stake in VanEck Junior Gold Miners ETF by 1.4% during the 1st quarter. Grand Central Investment Group now owns 6,368 shares of the exchange traded fund’s stock worth $764,000 after buying an additional 89 shares during the last quarter. Silver Oak Securities Incorporated increased its holdings in shares of VanEck Junior Gold Miners ETF by 1.8% during the 4th quarter. Silver Oak Securities Incorporated now owns 6,337 shares of the exchange traded fund’s stock valued at $730,000 after purchasing an additional 109 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. grew its holdings in VanEck Junior Gold Miners ETF by 2.1% in the fourth quarter. Sumitomo Mitsui Financial Group Inc. now owns 5,430 shares of the exchange traded fund’s stock valued at $618,000 after purchasing an additional 112 shares during the period. Allworth Financial LP grew its position in shares of VanEck Junior Gold Miners ETF by 39.0% in the fourth quarter. Allworth Financial LP now owns 417 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 117 shares during the period. Finally, Veracity Capital LLC raised its holdings in shares of VanEck Junior Gold Miners ETF by 3.7% during the fourth quarter. Veracity Capital LLC now owns 3,467 shares of the exchange traded fund’s stock valued at $395,000 after acquiring an additional 125 shares during the last quarter.

VanEck Junior Gold Miners ETF Stock Up 3.6%

Shares of GDXJ opened at $99.00 on Friday. The stock has a market cap of $7.13 billion, a PE ratio of 24.09 and a beta of 0.84. VanEck Junior Gold Miners ETF has a 52-week low of $63.90 and a 52-week high of $157.49. The firm’s fifty day moving average is $109.75 and its two-hundred day moving average is $121.76.

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.