Laurel Wealth Advisors LLC Grows Stock Holdings in VanEck Junior Gold Miners ETF $GDXJ

Laurel Wealth Advisors LLC boosted its stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 6,659.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,106 shares of the exchange traded fund’s stock after purchasing an additional 31,631 shares during the period. Laurel Wealth Advisors LLC’s holdings in VanEck Junior Gold Miners ETF were worth $2,170,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Farther Finance Advisors LLC lifted its holdings in shares of VanEck Junior Gold Miners ETF by 58.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 474 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 175 shares during the period. Fortitude Family Office LLC purchased a new stake in VanEck Junior Gold Miners ETF during the second quarter valued at $48,000. CENTRAL TRUST Co bought a new position in VanEck Junior Gold Miners ETF in the second quarter valued at about $68,000. Wealth Preservation Advisors LLC purchased a new position in VanEck Junior Gold Miners ETF in the first quarter worth about $59,000. Finally, MAI Capital Management boosted its position in VanEck Junior Gold Miners ETF by 47.7% in the second quarter. MAI Capital Management now owns 1,207 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 390 shares during the last quarter.

VanEck Junior Gold Miners ETF Stock Up 5.2%

NYSEARCA GDXJ opened at $105.33 on Friday. The company has a 50-day moving average price of $97.79 and a 200-day moving average price of $80.32. VanEck Junior Gold Miners ETF has a 52 week low of $41.85 and a 52 week high of $112.45. The firm has a market capitalization of $8.99 billion, a P/E ratio of 24.09 and a beta of 0.74.

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.