VanEck Junior Gold Miners ETF Sees Unusually High Options Volume (NYSEARCA:GDXJ)

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) saw some unusual options trading activity on Monday. Traders bought 16,366 put options on the company. This is an increase of approximately 15% compared to the typical volume of 14,231 put options.

Institutional Trading of VanEck Junior Gold Miners ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GDXJ. Signaturefd LLC boosted its holdings in VanEck Junior Gold Miners ETF by 103.1% in the 3rd quarter. Signaturefd LLC now owns 2,774 shares of the exchange traded fund’s stock worth $135,000 after acquiring an additional 1,408 shares during the period. PCG Wealth Advisors LLC boosted its holdings in VanEck Junior Gold Miners ETF by 180.0% in the 3rd quarter. PCG Wealth Advisors LLC now owns 75,988 shares of the exchange traded fund’s stock worth $3,709,000 after acquiring an additional 48,847 shares during the period. NBC Securities Inc. boosted its holdings in VanEck Junior Gold Miners ETF by 523.5% in the 3rd quarter. NBC Securities Inc. now owns 2,650 shares of the exchange traded fund’s stock worth $129,000 after acquiring an additional 2,225 shares during the period. Creative Planning purchased a new position in VanEck Junior Gold Miners ETF in the 3rd quarter worth approximately $230,000. Finally, Compton Wealth Advisory Group LLC purchased a new position in shares of VanEck Junior Gold Miners ETF during the 3rd quarter valued at approximately $207,000.

VanEck Junior Gold Miners ETF Stock Performance

GDXJ opened at $55.35 on Wednesday. The firm has a 50 day moving average price of $48.06 and a 200 day moving average price of $45.13. The company has a market cap of $6.50 billion, a PE ratio of 24.80 and a beta of 1.03. VanEck Junior Gold Miners ETF has a 1 year low of $30.89 and a 1 year high of $55.58.

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.