44,773 Shares in VanEck Junior Gold Miners ETF $GDXJ Acquired by Copley Financial Group Inc.

Copley Financial Group Inc. purchased a new position in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 44,773 shares of the exchange traded fund’s stock, valued at approximately $5,094,000. VanEck Junior Gold Miners ETF makes up approximately 3.1% of Copley Financial Group Inc.’s portfolio, making the stock its 10th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in GDXJ. Bank of Montreal Can increased its holdings 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 acquiring an additional 2,149,559 shares in the last quarter. Lingotto Investment Management LLP lifted its holdings in shares of VanEck Junior Gold Miners ETF by 0.8% in the 4th quarter. Lingotto Investment Management LLP now owns 2,602,894 shares of the exchange traded fund’s stock worth $296,157,000 after purchasing an additional 20,157 shares in the last quarter. Morgan Stanley grew its position in VanEck Junior Gold Miners ETF by 6.7% in the 4th quarter. Morgan Stanley now owns 2,306,483 shares of the exchange traded fund’s stock valued at $262,432,000 after purchasing an additional 145,362 shares during the period. Invesco Ltd. grew its position in VanEck Junior Gold Miners ETF by 1.2% in the 3rd quarter. Invesco Ltd. now owns 1,982,116 shares of the exchange traded fund’s stock valued at $196,289,000 after purchasing an additional 23,234 shares during the period. Finally, Rafferty Asset Management LLC increased its stake in VanEck Junior Gold Miners ETF by 30.1% during the 4th quarter. Rafferty Asset Management LLC now owns 1,750,475 shares of the exchange traded fund’s stock valued at $199,169,000 after purchasing an additional 404,916 shares in the last quarter.

VanEck Junior Gold Miners ETF Trading Up 2.3%

GDXJ opened at $114.44 on Wednesday. The company’s fifty day moving average price is $118.19 and its two-hundred day moving average price is $122.84. VanEck Junior Gold Miners ETF has a 1-year low of $63.90 and a 1-year high of $157.49. The company has a market cap of $8.56 billion, a price-to-earnings ratio of 24.09 and a beta of 0.79.

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.