Tactive Advisors LLC Increases Stake in VanEck Junior Gold Miners ETF $GDXJ

Tactive Advisors LLC boosted its holdings in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 23.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,606 shares of the exchange traded fund’s stock after purchasing an additional 6,085 shares during the quarter. VanEck Junior Gold Miners ETF makes up about 0.9% of Tactive Advisors LLC’s investment portfolio, making the stock its 26th largest holding. Tactive Advisors LLC’s holdings in VanEck Junior Gold Miners ETF were worth $3,602,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Princeton Global Asset Management LLC bought a new stake in shares of VanEck Junior Gold Miners ETF during the 1st quarter valued at about $27,000. CX Institutional bought a new position in shares of VanEck Junior Gold Miners ETF during the third quarter valued at approximately $28,000. Ascentis Independent Advisors bought a new position in shares of VanEck Junior Gold Miners ETF during the first quarter valued at approximately $50,000. Root Financial Partners LLC raised its position in shares of VanEck Junior Gold Miners ETF by 148.3% during 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. Finally, Vestor Capital LLC bought a new stake in shares of VanEck Junior Gold Miners ETF in the 1st quarter worth approximately $64,000.

VanEck Junior Gold Miners ETF Price Performance

NYSEARCA:GDXJ traded up $2.02 during midday trading on Thursday, reaching $111.16. 1,342,388 shares of the company traded hands, compared to its average volume of 5,491,098. The firm has a market capitalization of $8.19 billion, a price-to-earnings ratio of 24.09 and a beta of 0.88. The company has a fifty day moving average price of $120.26 and a 200 day moving average price of $114.44. VanEck Junior Gold Miners ETF has a twelve month low of $87.35 and a twelve month high of $157.49.

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.