Rafferty Asset Management LLC Purchases 663,924 Shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Rafferty Asset Management LLC lifted its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 28.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,968,980 shares of the exchange traded fund’s stock after buying an additional 663,924 shares during the quarter. Rafferty Asset Management LLC owned about 2.53% of VanEck Junior Gold Miners ETF worth $126,924,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of GDXJ. Duncker Streett & Co. Inc. bought a new stake in shares of VanEck Junior Gold Miners ETF in the fourth quarter valued at about $45,000. Principal Securities Inc. lifted its holdings in VanEck Junior Gold Miners ETF by 20.7% during the 4th quarter. Principal Securities Inc. now owns 1,411 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 242 shares during the last quarter. Millstone Evans Group LLC acquired a new stake in VanEck Junior Gold Miners ETF in the 4th quarter worth about $60,000. Kiker Wealth Management LLC bought a new stake in shares of VanEck Junior Gold Miners ETF during the 4th quarter valued at $69,000. Finally, Blue Trust Inc. grew its stake in VanEck Junior Gold Miners ETF by 50.0% during the fourth quarter. Blue Trust Inc. now owns 2,100 shares of the exchange traded fund’s stock worth $90,000 after buying an additional 700 shares in the last quarter.

VanEck Junior Gold Miners ETF Stock Performance

Shares of GDXJ stock opened at $57.88 on Thursday. The stock’s fifty day moving average price is $58.21 and its two-hundred day moving average price is $51.48. The company has a market cap of $4.95 billion, a PE ratio of 20.83 and a beta of 0.77. VanEck Junior Gold Miners ETF has a fifty-two week low of $40.26 and a fifty-two week high of $66.80.

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.