Cetera Investment Advisers Sells 43,178 Shares of VanEck Junior Gold Miners ETF $GDXJ

Cetera Investment Advisers trimmed its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 6.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 651,747 shares of the exchange traded fund’s stock after selling 43,178 shares during the period. Cetera Investment Advisers’ holdings in VanEck Junior Gold Miners ETF were worth $78,236,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Baird Financial Group Inc. raised its holdings in VanEck Junior Gold Miners ETF by 22.2% during the 2nd quarter. Baird Financial Group Inc. now owns 26,075 shares of the exchange traded fund’s stock valued at $1,762,000 after buying an additional 4,731 shares during the last quarter. Amundi grew its holdings in VanEck Junior Gold Miners ETF by 97.1% in the 2nd quarter. Amundi now owns 138,000 shares of the exchange traded fund’s stock worth $9,418,000 after acquiring an additional 68,000 shares during the last quarter. Cerity Partners LLC grew its holdings in VanEck Junior Gold Miners ETF by 15.7% in the 2nd quarter. Cerity Partners LLC now owns 39,266 shares of the exchange traded fund’s stock worth $2,654,000 after acquiring an additional 5,320 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in shares of VanEck Junior Gold Miners ETF in the second quarter valued at about $7,914,000. Finally, NewEdge Advisors LLC increased its position in shares of VanEck Junior Gold Miners ETF by 13.8% in the second quarter. NewEdge Advisors LLC now owns 14,604 shares of the exchange traded fund’s stock valued at $987,000 after acquiring an additional 1,767 shares during the period.

VanEck Junior Gold Miners ETF Trading Down 2.9%

Shares of NYSEARCA:GDXJ opened at $97.60 on Friday. The company has a 50-day moving average price of $104.41 and a 200-day moving average price of $120.30. The company has a market cap of $7.05 billion, a price-to-earnings ratio of 24.09 and a beta of 0.84. VanEck Junior Gold Miners ETF has a 12 month low of $63.90 and a 12 month high of $157.49.

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.