VanEck Junior Gold Miners ETF $GDXJ Shares Sold by Kercheville Advisors LLC

Kercheville Advisors LLC lowered its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 7.1% during the first quarter, HoldingsChannel.com reports. The firm owned 85,371 shares of the exchange traded fund’s stock after selling 6,520 shares during the period. VanEck Junior Gold Miners ETF makes up about 3.3% of Kercheville Advisors LLC’s holdings, making the stock its 9th biggest holding. Kercheville Advisors LLC’s holdings in VanEck Junior Gold Miners ETF were worth $10,248,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in VanEck Junior Gold Miners ETF during the fourth quarter worth about $28,000. Colonial Trust Advisors acquired a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at approximately $28,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of VanEck Junior Gold Miners ETF in the 4th quarter valued at approximately $28,000. Arax Advisory Partners bought a new position in VanEck Junior Gold Miners ETF during the 4th quarter worth approximately $44,000. Finally, Flagship Harbor Advisors LLC bought a new stake in VanEck Junior Gold Miners ETF in the fourth quarter valued at approximately $45,000.

VanEck Junior Gold Miners ETF Stock Performance

GDXJ opened at $100.56 on Wednesday. The firm’s fifty day moving average is $116.25 and its two-hundred day moving average is $122.80. The firm has a market cap of $7.53 billion, a PE ratio of 24.09 and a beta of 0.79. VanEck Junior Gold Miners ETF has a twelve month low of $63.90 and a twelve 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.