VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Trading Up 2.8%

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)’s stock price rose 2.8% on Wednesday . The company traded as high as $42.20 and last traded at $41.98. Approximately 1,703,308 shares changed hands during trading, a decline of 76% from the average daily volume of 7,173,216 shares. The stock had previously closed at $40.83.

VanEck Junior Gold Miners ETF Price Performance

The stock has a market cap of $4.92 billion, a PE ratio of 25.32 and a beta of 0.98. The business has a 50 day moving average price of $36.49 and a two-hundred day moving average price of $35.63.

Hedge Funds Weigh In On VanEck Junior Gold Miners ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Pettinga Financial Advisors LLC raised its holdings in shares of VanEck Junior Gold Miners ETF by 54.7% during the first quarter. Pettinga Financial Advisors LLC now owns 10,204 shares of the exchange traded fund’s stock valued at $395,000 after acquiring an additional 3,610 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of VanEck Junior Gold Miners ETF by 19.3% during the first quarter. International Assets Investment Management LLC now owns 15,854 shares of the exchange traded fund’s stock valued at $621,000 after acquiring an additional 2,563 shares in the last quarter. One Plus One Wealth Management LLC raised its holdings in shares of VanEck Junior Gold Miners ETF by 8.4% during the first quarter. One Plus One Wealth Management LLC now owns 48,420 shares of the exchange traded fund’s stock valued at $1,876,000 after acquiring an additional 3,750 shares in the last quarter. Enterprise Bank & Trust Co bought a new position in shares of VanEck Junior Gold Miners ETF during the first quarter valued at approximately $313,000. Finally, Alaska Permanent Fund Corp raised its holdings in shares of VanEck Junior Gold Miners ETF by 17.7% during the first quarter. Alaska Permanent Fund Corp now owns 8,167,154 shares of the exchange traded fund’s stock valued at $316,396,000 after acquiring an additional 1,230,234 shares in the last quarter.

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.