VanEck Junior Gold Miners ETF $GDXJ Position Raised by Eschler Asset Management LLP

Eschler Asset Management LLP lifted its holdings in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 258.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 200,000 shares of the exchange traded fund’s stock after acquiring an additional 144,219 shares during the quarter. VanEck Junior Gold Miners ETF comprises approximately 15.3% of Eschler Asset Management LLP’s portfolio, making the stock its largest holding. Eschler Asset Management LLP’s holdings in VanEck Junior Gold Miners ETF were worth $22,756,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of GDXJ. Bank of Montreal Can boosted its position in shares of VanEck Junior Gold Miners ETF by 124.9% during the third quarter. Bank of Montreal Can now owns 3,870,489 shares of the exchange traded fund’s stock valued at $383,294,000 after buying an additional 2,149,559 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of VanEck Junior Gold Miners ETF by 1,289.6% during 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 buying an additional 803,854 shares during the last quarter. Rafferty Asset Management LLC boosted its position in shares of VanEck Junior Gold Miners ETF by 30.1% during the fourth quarter. Rafferty Asset Management LLC now owns 1,750,475 shares of the exchange traded fund’s stock valued at $199,169,000 after buying an additional 404,916 shares during the last quarter. Morgan Stanley boosted its position in shares of VanEck Junior Gold Miners ETF by 6.7% during the fourth quarter. Morgan Stanley now owns 2,306,483 shares of the exchange traded fund’s stock valued at $262,432,000 after buying an additional 145,362 shares during the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of VanEck Junior Gold Miners ETF during the second quarter valued at $7,914,000.

VanEck Junior Gold Miners ETF Price Performance

VanEck Junior Gold Miners ETF stock opened at $104.26 on Friday. VanEck Junior Gold Miners ETF has a one year low of $63.90 and a one year high of $157.49. The stock has a market capitalization of $7.80 billion, a PE ratio of 24.09 and a beta of 0.79. The business’s fifty day moving average is $118.55 and its 200 day moving average is $122.53.

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.