VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) Share Price Passes Above 200-Day Moving Average – Time to Sell?

VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $117.35 and traded as high as $135.32. VanEck Junior Gold Miners ETF shares last traded at $133.58, with a volume of 5,251,221 shares.

VanEck Junior Gold Miners ETF Stock Down 1.6%

The firm has a fifty day moving average price of $105.78 and a two-hundred day moving average price of $117.39. The stock has a market capitalization of $9.62 billion, a P/E ratio of 24.09 and a beta of 0.85.

Institutional Trading of VanEck Junior Gold Miners ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GDXJ. Princeton Global Asset Management LLC bought a new position in shares of VanEck Junior Gold Miners ETF in the first quarter worth approximately $27,000. Colonial Trust Advisors purchased a new position in VanEck Junior Gold Miners ETF in the 4th quarter worth approximately $28,000. Mcguire Capital Advisors Inc. purchased a new position in VanEck Junior Gold Miners ETF in the 4th quarter worth approximately $28,000. Arax Advisory Partners bought a new position in VanEck Junior Gold Miners ETF in the 4th quarter valued at approximately $44,000. Finally, 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.

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.