Y Intercept Hong Kong Ltd Invests $6.24 Million in VanEck Junior Gold Miners ETF $GDXJ

Y Intercept Hong Kong Ltd bought a new position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 52,005 shares of the exchange traded fund’s stock, valued at approximately $6,243,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC raised its holdings in shares of VanEck Junior Gold Miners ETF by 148.3% in the 1st quarter. Root Financial Partners LLC now owns 519 shares of the exchange traded fund’s stock worth $62,000 after purchasing an additional 310 shares during the period. Harbor Investment Advisory LLC raised its holdings in VanEck Junior Gold Miners ETF by 14.6% in the first quarter. Harbor Investment Advisory LLC now owns 59,432 shares of the exchange traded fund’s stock valued at $7,134,000 after buying an additional 7,570 shares during the period. Grand Central Investment Group raised its holdings in VanEck Junior Gold Miners ETF by 1.4% in the first quarter. Grand Central Investment Group now owns 6,368 shares of the exchange traded fund’s stock valued at $764,000 after buying an additional 89 shares during the period. Canoe Financial LP raised its holdings in VanEck Junior Gold Miners ETF by 6.2% in the first quarter. Canoe Financial LP now owns 57,546 shares of the exchange traded fund’s stock valued at $6,908,000 after buying an additional 3,345 shares during the period. Finally, Princeton Global Asset Management LLC acquired a new position in VanEck Junior Gold Miners ETF during the first quarter valued at approximately $27,000.

VanEck Junior Gold Miners ETF Price Performance

GDXJ opened at $102.91 on Friday. VanEck Junior Gold Miners ETF has a 52-week low of $63.90 and a 52-week high of $157.49. The company has a 50 day moving average of $111.48 and a two-hundred day moving average of $122.13. The company has a market cap of $7.41 billion, a P/E ratio of 24.09 and a beta of 0.84.

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.