Brevan Howard Capital Management LP Buys 10,788 Shares of VanEck Junior Gold Miners ETF $GDXJ

Brevan Howard Capital Management LP lifted its stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 47.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,713 shares of the exchange traded fund’s stock after acquiring an additional 10,788 shares during the period. Brevan Howard Capital Management LP’s holdings in VanEck Junior Gold Miners ETF were worth $3,349,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. boosted its position in VanEck Junior Gold Miners ETF by 98.1% during the third quarter. TD Waterhouse Canada Inc. now owns 321 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 159 shares during the period. MassMutual Private Wealth & Trust FSB bought a new position in shares of VanEck Junior Gold Miners ETF in the third quarter valued at approximately $33,000. Root Financial Partners LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the third quarter valued at approximately $34,000. Total Investment Management Inc. acquired a new stake in shares of VanEck Junior Gold Miners ETF in the second quarter worth $27,000. Finally, City Holding Co. acquired a new stake in shares of VanEck Junior Gold Miners ETF in the third quarter worth $50,000.

VanEck Junior Gold Miners ETF Trading Up 1.5%

NYSEARCA GDXJ opened at $125.84 on Tuesday. VanEck Junior Gold Miners ETF has a 1 year low of $49.33 and a 1 year high of $157.49. The company has a fifty day simple moving average of $135.31 and a 200 day simple moving average of $112.69. The company has a market cap of $10.46 billion, a P/E ratio of 24.09 and a beta of 0.74.

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.