J. Safra Sarasin Holding AG reduced its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ – Free Report) by 70.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,329 shares of the exchange traded fund’s stock after selling 15,000 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in VanEck Junior Gold Miners ETF were worth $760,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. BNP Paribas Financial Markets grew its stake in VanEck Junior Gold Miners ETF by 1,289.6% in the second quarter. BNP Paribas Financial Markets now owns 866,186 shares of the exchange traded fund’s stock valued at $58,546,000 after acquiring an additional 803,854 shares during the period. Nearwater Capital Markets Ltd raised its position in shares of VanEck Junior Gold Miners ETF by 90.7% during the fourth quarter. Nearwater Capital Markets Ltd now owns 1,640,000 shares of the exchange traded fund’s stock worth $186,599,000 after purchasing an additional 780,000 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of VanEck Junior Gold Miners ETF during the fourth quarter worth approximately $56,890,000. Capitolis Liquid Global Markets LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the 4th quarter worth $55,297,000. Finally, Rafferty Asset Management LLC lifted its holdings in shares of VanEck Junior Gold Miners ETF by 30.1% in the 4th quarter. Rafferty Asset Management LLC now owns 1,750,475 shares of the exchange traded fund’s stock worth $199,169,000 after purchasing an additional 404,916 shares in the last quarter.
VanEck Junior Gold Miners ETF Trading Down 1.9%
Shares of GDXJ stock opened at $96.55 on Thursday. The firm has a fifty day simple moving average of $108.22 and a two-hundred day simple moving average of $121.14. VanEck Junior Gold Miners ETF has a 12 month low of $63.90 and a 12 month high of $157.49. The firm has a market capitalization of $6.94 billion, a PE ratio of 24.09 and a beta of 0.84.
VanEck Junior Gold Miners ETF 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.
Further Reading
- Five stocks we like better than VanEck Junior Gold Miners ETF
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Want to see what other hedge funds are holding GDXJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ – Free Report).
Receive News & Ratings for VanEck Junior Gold Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Junior Gold Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.
