Kingsview Wealth Management LLC Makes New Investment in VanEck Junior Gold Miners ETF $GDXJ

Kingsview Wealth Management LLC acquired 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 filing with the Securities and Exchange Commission. The institutional investor acquired 72,928 shares of the exchange traded fund’s stock, valued at approximately $4,929,000. Kingsview Wealth Management LLC owned about 0.09% of VanEck Junior Gold Miners ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Farther Finance Advisors LLC grew its holdings in shares of VanEck Junior Gold Miners ETF by 58.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 474 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 175 shares during the last quarter. Advisors Preferred LLC acquired a new position in shares of VanEck Junior Gold Miners ETF in the 1st quarter valued at $45,000. IMA Advisory Services Inc. purchased a new position in VanEck Junior Gold Miners ETF in the 1st quarter worth about $47,000. Fortitude Family Office LLC purchased a new position in VanEck Junior Gold Miners ETF in the 2nd quarter worth about $48,000. Finally, Wealth Preservation Advisors LLC acquired a new stake in VanEck Junior Gold Miners ETF during the 1st quarter worth about $59,000.

VanEck Junior Gold Miners ETF Trading Down 1.4%

GDXJ stock opened at $96.04 on Tuesday. VanEck Junior Gold Miners ETF has a one year low of $41.85 and a one year high of $112.45. The firm has a 50-day moving average of $96.12 and a two-hundred day moving average of $78.50. The firm has a market capitalization of $8.20 billion, a PE ratio of 24.09 and a beta of 0.74.

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.