142,049 Shares in VanEck Junior Gold Miners ETF $GDXJ Acquired by Quantitative Investment Management LLC

Quantitative Investment Management LLC acquired a new position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 1st quarter, Holdings Channel reports. The fund acquired 142,049 shares of the exchange traded fund’s stock, valued at approximately $8,125,000. VanEck Junior Gold Miners ETF comprises approximately 0.7% of Quantitative Investment Management LLC’s investment portfolio, making the stock its 27th largest position.

Several other hedge funds have also modified their holdings of GDXJ. Sumitomo Mitsui Financial Group Inc. increased its position in shares of VanEck Junior Gold Miners ETF by 5.3% during the 1st quarter. Sumitomo Mitsui Financial Group Inc. now owns 4,857 shares of the exchange traded fund’s stock valued at $278,000 after purchasing an additional 245 shares during the last quarter. New Harbor Financial Group LLC grew its position in shares of VanEck Junior Gold Miners ETF by 0.4% during the 1st quarter. New Harbor Financial Group LLC now owns 63,605 shares of the exchange traded fund’s stock worth $3,638,000 after buying an additional 263 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of VanEck Junior Gold Miners ETF by 2.1% during the 4th quarter. NewEdge Advisors LLC now owns 13,261 shares of the exchange traded fund’s stock worth $567,000 after buying an additional 268 shares in the last quarter. Cerity Partners LLC lifted its stake in shares of VanEck Junior Gold Miners ETF by 0.8% during the 1st quarter. Cerity Partners LLC now owns 33,946 shares of the exchange traded fund’s stock worth $1,942,000 after purchasing an additional 275 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its stake in shares of VanEck Junior Gold Miners ETF by 2.5% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 16,346 shares of the exchange traded fund’s stock worth $935,000 after purchasing an additional 400 shares during the last quarter.

VanEck Junior Gold Miners ETF Price Performance

Shares of NYSEARCA GDXJ opened at $76.27 on Friday. The business has a fifty day moving average price of $69.05 and a 200 day moving average price of $62.02. VanEck Junior Gold Miners ETF has a 1-year low of $41.85 and a 1-year high of $76.95. The stock has a market capitalization of $6.18 billion, a P/E 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.