Welch Group LLC Buys Shares of 3,039 VanEck Junior Gold Miners ETF $GDXJ

Welch Group LLC bought a new stake in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,039 shares of the exchange traded fund’s stock, valued at approximately $205,000.

A number of other institutional investors also recently modified their holdings of the stock. Invesco Ltd. boosted its stake in shares of VanEck Junior Gold Miners ETF by 63.7% during the 1st quarter. Invesco Ltd. now owns 2,923,232 shares of the exchange traded fund’s stock valued at $167,209,000 after buying an additional 1,137,586 shares during the period. Nearwater Capital Markets Ltd acquired a new stake in shares of VanEck Junior Gold Miners ETF in the 1st quarter valued at $42,900,000. Heartwood Wealth Advisors LLC lifted its stake in shares of VanEck Junior Gold Miners ETF by 0.6% in the 2nd quarter. Heartwood Wealth Advisors LLC now owns 649,506 shares of the exchange traded fund’s stock valued at $43,900,000 after purchasing an additional 3,669 shares during the last quarter. ANTIPODES PARTNERS Ltd acquired a new stake in shares of VanEck Junior Gold Miners ETF in the 1st quarter valued at $34,791,000. Finally, LPL Financial LLC lifted its stake in shares of VanEck Junior Gold Miners ETF by 2.3% in the 1st quarter. LPL Financial LLC now owns 415,409 shares of the exchange traded fund’s stock valued at $23,761,000 after purchasing an additional 9,183 shares during the last quarter.

VanEck Junior Gold Miners ETF Trading Up 5.2%

GDXJ stock opened at $105.14 on Tuesday. VanEck Junior Gold Miners ETF has a 1 year low of $41.85 and a 1 year high of $105.52. The company has a fifty day simple moving average of $85.84 and a 200 day simple moving average of $71.74. The firm has a market cap of $8.98 billion, a PE ratio of 24.09 and a beta of 1.06.

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.