WESPAC Advisors SoCal LLC Makes New Investment in VanEck Junior Gold Miners ETF $GDXJ

WESPAC Advisors SoCal LLC acquired a new stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 8,298 shares of the exchange traded fund’s stock, valued at approximately $996,000.

Other hedge funds have also recently made changes to their positions in the company. Silver Oak Securities Incorporated increased its position in shares of VanEck Junior Gold Miners ETF by 1.8% during the fourth quarter. Silver Oak Securities Incorporated now owns 6,337 shares of the exchange traded fund’s stock worth $730,000 after acquiring an additional 109 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. lifted its position in VanEck Junior Gold Miners ETF by 2.1% in the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 5,430 shares of the exchange traded fund’s stock valued at $618,000 after acquiring an additional 112 shares in the last quarter. Allworth Financial LP lifted its position in VanEck Junior Gold Miners ETF by 39.0% in the 4th quarter. Allworth Financial LP now owns 417 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 117 shares in the last quarter. Veracity Capital LLC boosted its stake in VanEck Junior Gold Miners ETF by 3.7% during the 4th quarter. Veracity Capital LLC now owns 3,467 shares of the exchange traded fund’s stock valued at $395,000 after purchasing an additional 125 shares during the last quarter. Finally, 360 Financial Inc. boosted its stake in VanEck Junior Gold Miners ETF by 2.2% during the 4th quarter. 360 Financial Inc. now owns 6,290 shares of the exchange traded fund’s stock valued at $716,000 after purchasing an additional 135 shares during the last quarter.

VanEck Junior Gold Miners ETF Stock Performance

Shares of GDXJ opened at $107.22 on Friday. The firm has a market capitalization of $8.02 billion, a P/E ratio of 24.09 and a beta of 0.79. VanEck Junior Gold Miners ETF has a 52 week low of $63.90 and a 52 week high of $157.49. The stock has a 50 day moving average price of $117.25 and a two-hundred day moving average price of $122.75.

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.