VanEck Junior Gold Miners ETF $GDXJ Shares Newly Purchased by New Harbor Financial Group LLC

New Harbor Financial Group LLC purchased a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 27,539 shares of the exchange traded fund’s stock, valued at approximately $3,138,000. VanEck Junior Gold Miners ETF accounts for 0.5% of New Harbor Financial Group LLC’s portfolio, making the stock its 24th largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Princeton Global Asset Management LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the 1st quarter valued at about $27,000. CX Institutional purchased a new stake in shares of VanEck Junior Gold Miners ETF during the 3rd quarter worth about $28,000. Go Invest LLC acquired a new stake in VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $30,000. Ascentis Independent Advisors purchased a new position in VanEck Junior Gold Miners ETF in the first quarter valued at approximately $50,000. Finally, FNY Investment Advisers LLC raised its holdings in VanEck Junior Gold Miners ETF by 37.5% in the second quarter. FNY Investment Advisers LLC now owns 554 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 151 shares during the period.

VanEck Junior Gold Miners ETF Price Performance

GDXJ stock traded down $1.85 during midday trading on Friday, reaching $99.35. 4,730,429 shares of the company’s stock traded hands, compared to its average volume of 5,412,862. VanEck Junior Gold Miners ETF has a fifty-two week low of $87.35 and a fifty-two week high of $157.49. The business has a 50-day moving average price of $119.78 and a two-hundred day moving average price of $113.94. The company has a market capitalization of $7.37 billion, a P/E ratio of 24.09 and a beta of 0.88.

VanEck Junior Gold Miners ETF Company 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.