International Assets Investment Management LLC grew its position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ – Free Report) by 952.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 19,000 shares of the exchange traded fund’s stock after acquiring an additional 17,195 shares during the period. International Assets Investment Management LLC’s holdings in VanEck Junior Gold Miners ETF were worth $2,165,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of Nova Scotia acquired a new stake in shares of VanEck Junior Gold Miners ETF during the first quarter worth about $120,040,000. Thor Investment Management Inc. OH ADV acquired a new position in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at approximately $44,595,000. Bank of America Corp DE grew its position in shares of VanEck Junior Gold Miners ETF by 3.8% in the 1st quarter. Bank of America Corp DE now owns 242,660 shares of the exchange traded fund’s stock valued at $29,129,000 after purchasing an additional 8,903 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in VanEck Junior Gold Miners ETF during the 1st quarter worth approximately $15,728,000. Finally, Walleye Capital LLC bought a new stake in VanEck Junior Gold Miners ETF during the 1st quarter worth approximately $13,084,000.
VanEck Junior Gold Miners ETF Stock Up 2.3%
VanEck Junior Gold Miners ETF stock opened at $97.16 on Tuesday. VanEck Junior Gold Miners ETF has a twelve month low of $87.35 and a twelve month high of $157.49. The company has a 50 day moving average of $116.74 and a 200-day moving average of $118.45. The stock has a market capitalization of $7.19 billion, a PE ratio of 24.09 and a beta of 0.88.
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.
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